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Company Profile |
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National Bank of Egypt (NBE) is the oldest commercial bank in Egypt. It was established on June 25, 1898. Through its long march, NBE’s functions have varied to square with the different economic and political phases in Egypt. Thanks to its diversified experience, NBE managed to develop its services and products using state-of-the-art technology to satisfy its customers’ needs. NBE's distinguished performance was commended by the international rating agencies. This performance is triggered by 423 banking units nationwide. In addition to the Bank’s effective international presence through the National Bank of Egypt (UK) Limited, NBE – New York Branch and Shanghai Branch plus two representative offices in Johannesburg – South Africa and Dubai – UAE. This is in addition to some 1,086 correspondents worldwide mainly in Europe, which is Egypt’s premier commercial partner. To further develop its performance, NBE is currently engaged in a number of development programmes with major international institutions. The Bank is carrying out an all-embracing strategic plan for upgrading and restructuring purposes, in cooperation with Mc kinsey & Company. Other development projects are being implemented in collaboration with ING-BearingPoint and the EIB. Areas to be developed cover risk management, HR, IT, OPS/MIS, management & organization, retail, corporate finance as well as private equity. |
