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National Bank of Egypt (NBE; Arabic: البنك الأهلي المصري) is a bank founded in Egypt in June 1898, [1] and is the country's largest bank (2013) in terms of assets, deposits, loans, bank-capital, number of total branches, and employees.
The National Bank of Egypt's share continued to decline through several public offerings, to reach 18.7%. In 2006, a consortium led by Ripplewood Holdings acquired the share of the National Bank of Egypt. In July 2009, Actis purchased a 9.1% stake in Commercial International Bank, thus becoming the largest single shareholder in the bank's ...
Location of Egypt. Egypt is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula.Egypt's economy depends mainly on agriculture, media, petroleum imports, natural gas, and tourism; there are also more than three million Egyptians working abroad, mainly in Saudi Arabia, the Persian Gulf and Europe.
Headquarters building in Cairo, designed by Antonio Lasciac and completed in 1927. The idea of a national bank of Egypt dates to at least the days of Muhammad Ali, who ordered the establishment of a bank with 700,000 riyals shortly before he became ill and died.
National Bank of Oman [3] Shinhan Bank Egypt, sold to Attijariwafa Bank; Bank of Nova Scotia, sold to Arab African International Bank [4] National ICICI Bank Egypt sold, to QNB Al Ahli; BNP Paribas Egypt, sold to Emirates NBD [5] Piraeus Bank Egypt, sold to Al Ahli Bank Of Kuwait [6] Crystal Jmaad Global Bank; Bank Audi, sold to First Abu Dhabi ...
Qatar National Bank (QNB Group) (Arabic: بنك قطر الوطني) is a Qatari multinational commercial bank headquartered in Doha, Qatar. It was founded in 1964 and currently has subsidiaries and associates in 31 countries on three continents. The bank's ownership is evenly divided between the Qatar Investment Authority and members of the ...
Headquarters: Egypt. Footnotes / references [1] [2] "123" is a shared cash network for the banking community in Egypt. ... National Bank of Egypt; References
1995 — BC joined with Bank of Alexandria, National Bank of Egypt, Banque Misr and Kato Aromatics to found Cairo International Bank in Uganda. 1997 — Saudi Cairo Bank merged with United Saudi Commercial Bank to form United Saudi Bank. BC's share position fell to 9.8%. 1999 — Ownership of Banque du Caire et de Paris became BNP 76% and BC 22%.