During FY
2019/2020, NBE managed to achieve unprecedented performance indicators. Total
financial position as at the end of June 2020 recorded EGP 2 trillion, growing
23% yoy. Accordingly, NBE's total assets accounted for 31.5% of Egyptian banks'
total assets. NBE's financial position continued to scale up to EGP 2.5
trillion as at end-March 2021.
Total deposits reached EGP 1.6 trillion as at end-June 2020, with a growth rate
of 36% yoy, accounting for 34% of total banks' deposits. Such leap was driven
by the introduction of a diversified package of deposits in local and foreign
currencies at competitively lucrative rates. NBE's deposits approached EGP 2
trillion as at end-March 2021, which highlights the customers' confidence in
our Bank.
In addition, NBE received the Best Bank of the Year in Egypt for 2020 from the Banker, an international magazine.
The European has presented to NBE five
awards of “Best Banking CSR Provider”, “Best Banking Transactions Provider”,
“Best Corporate Loans Provider”, “Retail Banking of the Year”, and “Digital
Banking Provider of 2020”.
In addition, NBE received two awards from "EMEA finance" as the Best
Bank in Egypt as well as the Best Bank in Africa in terms of social
responsibility.
NBE was awarded the Best Digital Bank in Egypt for 2020 from the Union of Arab
Banks (UAB). The award mirrored the Bank's success in implementing ambitious
plans to expand digital services delivered by the Bank.
Global Finance announced that NBE has received the award of the Best Trade
Finance Provider in Egypt.
Constantly developing its diversified services and products to provide
customers with top-notch services, NBE increased the number of ATMs and
improved their deployment nationwide to reach 4,950. It also raised the number
of POS to 214,000 in March 2021.
Keen on promoting the culture of financial inclusion and digitalization, NBE
introduced several online banking services to cater for 2.3 MM. customers via
Al Ahly Net, and 1.8 MM customers via Phone Cash wallets. Moreover, the Bank opened
23 electronic service branches in order to reduce cash transactions in the
market.
Moreover, NBE stayed in the lead in terms of retail cards, issuing a total of
7.4 MM. prepaid cards and 5.8 MM debit cards in March 2021.
To boost stock investments and securities market, NBE has a large number of
mutual funds that support the Egyptian capital market and deliver services to a
distinguished segment of customers. NBE also offers investment services by
expanding the central depositary and trading services.
NBE has an extensive network of 553 branches, offices and banking units
nationwide (serving nearly 16.5 MM customers). Additionally, the Bank maintains
an effective international presence through National Bank of Egypt (UK)
Limited, National Bank of Egypt (Khartoum) – Sudan, New York and Shanghai
branches (in USA and China), and representative offices in Johannesburg – South
Africa, Dubai – UAE and Addis Ababa – Ethiopia, plus NBE (DIFC) Limited for
financial advice. This is in addition to a vast correspondent bank network
around the globe (Europe – USA – Australia – Canada – the Far East – Africa –
the Arabian Gulf).
NBE is always keen to deliver top-quality and cutting-edge banking services and
products to its esteemed customers so that the Bank can maintain their precious
confidence and continue its leadership in the local banking market.
Contact: Info@nbechina.com
Tel: 021-68861889
Email: info@nbechina.com
Mailing Add: Marine Tower, Room 12B07, 1 Pudong Avenue, Shanghai 200120 China