Mubasher TV
Contact Us Advertising   العربية

NBE’s syndicated loans hit EGP 399bn end-April

NBE’s syndicated loans hit EGP 399bn end-April
NBE arranged 17 syndicated loans in 2018

Cairo – Mubasher: National Bank of Egypt’s (NBE) corporate and syndicated loans portfolio reached EGP 399 billion at the end of April, manager of the syndicated loans sector at NBE, Ahmed El-Sersy, said.

Egypt's largest state-owned lender arranged 17 syndicated loans with a combined value of EGP 90 billion in 2018, El-Sersy revealed in a statement.

NBE also provides financial consulting services and securitisation services to several major companies, he added.