National Bank of Kuwait - Egypt (NBKE)

Cairo – Mubasher: National Bank of Kuwait - Egypt (NBK Egypt) generated net profits valued at EGP 4.02 billion (KWD 41.40 million) in 2023, an annual hike of 120.21% from EGP 1.82 billion (KWD 30.70 million). Net operating income increased by …

Cairo – Mubasher: The National Bank of Kuwait - Egypt (NBK Egypt) logged net profits amounting to EGP 2.57 billion (KWD 26.50 million) during the third quarter (Q3) of 2023. The recorded net profits hiked by 99.90% from the EGP 1.28 billion (KWD …

Cairo – Mubasher: Oriental Weavers sold its 0.70% equity in the National Bank of Kuwait - Egypt (NBK Egypt), according to a bourse discourse. The EGX-listed firm indicated that this step aligns with its plans to focus on activities related to the …

Cairo – Mubasher: The National Bank of Kuwait - Egypt (NBK Egypt) witnessed an annual jump of EGP 808.50 million in net profit during the first half (H1) of 2023. NBK Egypt registered net profits worth EGP 1.56 billion during the January-June 2023 …

Cairo – Mubasher: National Bank of Kuwait - Egypt (NBK Egypt) achieved net profits worth EGP 652.50 million, equivalent to KWD 6.90 million, in the first quarter (Q1) of 2023, an 87% growth from EGP 348.70 million which is equivalent to KWD 6.70 …

Cairo – Mubasher: National Bank of Kuwait-Egypt (NBK-Egypt) registered net profits worth EGP 1.82 billion (KWD 30.70 million) in 2022, higher by 27% year-on-year (YoY) than EGP 1.43 billion (KWD 28 million). The operating revenues stood at EGP …

Cairo – Mubasher: The net profits of the National Bank of Kuwait-Egypt (NBK-Egypt) grew by 22.55% annually during the first nine months of 2022 to EGP 1.28 billion (KWD 22.80 million), compared to EGP 1.05 billion (KWD 20.30 million) in the …

Cairo – Mubasher: ADI Capital, the investment banking arm of Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) has successfully arranged combined Islamic financing worth EGP 2 billion for Elsewedy Electric Co's subsidiaries.  ADI Capital acted as the …

Mubasher: The National Bank of Kuwait-Egypt (NBK-Egypt) reported net earnings of EGP 756.50 million (about KWD 13.80 million) during the first half (H1) of 2022, according to a statement to Boursa Kuwait on Tuesday. This represents a profit rise …

Mubasher: The National Bank of Kuwait (NBK) has launched Weyay to be the first fully digital bank in Kuwait to serve the youth in the state. Weyay aims to enhance NBK’s position in digitising banking services, according to a press release on …

Cairo – Mubasher: The National Bank of Kuwait-Egypt (NBK-Egypt) reported net profits of EGP 1.050 billion in the first nine months of 2021, slightly down from EGP 1.097 billion in the corresponding period a year earlier. The net interest income …

Cairo – Mubasher: The National Bank of Kuwait-Egypt (NBK-Egypt) announced the provision of EGP 850 million in funding for Madkour for Projects Company for replacing and upgrading medium and low voltage electricity networks in some villages of …

Mubasher: The National Bank of Kuwait (NBK) has issued bonds worth $1 billion, marking the first callable structure for senior unsecured notes, fixed to floating, across the Central and Eastern Europe Middle East and Africa (CEEMEA) region. Final …

Cairo – Mubasher: The Egyptian Electricity Transmission Company (EETC) signed a syndicated loan contract worth EGP 4 billion with the National Bank of Egypt (NBE), Commercial International Bank-Egypt (CIB), Banque du Caire, and the National Bank …

Cairo – Mubasher: The National Bank of Kuwait-Egypt (NBK Egypt) achieved net profits of EGP 694.47 million in the first half (H1) of 2021, down by 7.8% year-on-year (YoY) from EGP 753.48 million.  The bank's net interest income declined to EGP …

Cairo – Mubasher: The National Bank of Kuwait-Egypt's (NBK Egypt) board of directors decided to delist the bank's shares from the Egyptian Exchange (EGX). The voluntary delisting decision will be referred to the bank's extraordinary general …

Cairo - Mubasher: The Egyptian Exchange's (EGX) listing committee approved increasing the capital of several listed companies and decreasing the capital of others on Wednesday.  The EGX gave the green light for listing the bonus shares of Madinet …

Cairo – Mubasher: The National Bank of Kuwait – Egypt (NBK Egypt) reported net profits of EGP 404.11 million during the first quarter (Q1) of 2021, slightly up from EGP 402.7 million in the year-ago period.  The bank's net interest income declined …

Cairo – Mubasher: The extraordinary general meeting (EGM) of the National Bank of Kuwait-Egypt (NBK-Egypt) approved a capital raise of EGP 3.5 billion by issuing 2.3 bonus shares for every share held. The bank’s issued capital will be increased to …

Cairo – Mubasher: The National Bank of Kuwait-Egypt (NBK-Egypt) has partnered with MDSap to launch SAP corporate banking solution in a bid to optimise its online banking experience. The technology will strengthen the bank’s efforts in digitising …

Cairo – Mubasher: The ordinary general meeting (OGM) of the National Bank of Kuwait - Egypt (NBK Egypt) approved a decision to increase the paid-up and issued capital to EGP 5 billion from EGP 1.5 billion. The capital increase will be financed …

Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) approved the publication of the disclosure form submitted by the National Bank of Kuwait - Egypt (NBK Egypt) to increase its capital. The disclosure form includes the bank’s …

Cairo – Mubasher: The National Bank of Kuwait – Egypt (NBK Egypt) achieved net profits of EGP 1.44 billion in 2020, down by 33.2% year-on-year (YoY) from EGP 2.16 billion in 2019. The lender’s revenues declined to EGP 3.26 billion last year, …

Cairo – Mubasher: The National Bank of Kuwait – Egypt (NBK Egypt) posted a 34% year-on-year (YoY) decrease in its net profits, logging EGP 1.09 billion in the first nine months of 2020, compared to EGP 1.66 billion. The bank’s net interest income …

Cairo – Mubasher: The board of directors of the National Bank of Kuwait – Egypt (NBK Egypt) approved the resignation of Omar Wahby from his position as a non-executive board member. The board recommended the appointment of Omar Bouhadiba and …