NBE Ranked 1st in Managing Syndicated Loans in Egypt, AfricaSource: www.export-egypt.com 7/11/2016, Location: Africa |
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 The National Bank of Egypt (NBE) was ranked first as the best bank in managing syndicated loans in Egypt and Africa after achieving a market share of 26.5%, against 9% during the same period in the past year, Bloomberg, one of the top financial ratings institutions globally, said in a report issued.
The bank continues its successful march in managing syndicated loans thanks to its long experience and strong relations with Egyptian and foreign banks, NBE Deputy Chairman Mahmoud Montaser said. In doing so, the bank makes use of its huge capital of over32 billion pounds to pump more funds into the Egyptian market, whether solely or jointly with other banks, Montaser added. |
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