NBK Tools

NBK Tools

Prayer Timing

  • Fajr

  • Duhr

  • Asr

  • Maghrib

  • Isha

Loan Calculator

Loan Refinancing Calculator

Term Deposit Calculator

Currency Convertor

Notifications

  • Important Announcement

    Dear Customer, please note that NBK - Egypt will never contact you to request any personal or confidential information regarding your accounts or cards. In case this happens, please call the Call Center immediately at 19336.

News

Filter By:

Egypt: NBK- Egypt joins a banking alliance consisting of 10 banks in arranging a EGP 12.3 billion syndicated loan

08.09.2021

In line with its leading role towards promoting economic growth, National Bank of Kuwait - Egypt joined ten banks in arranging an EGP 12.3 billion medium-term syndicated loan for Gharabli Integrated Engineering Company (GIECO), a leading EPC Contractor with successfully completed industrial and civil projects all around Egypt. The facility is directed towards financing a portion of the operation undertaken by the company to fulfill a mandate assigned by the Egyptian Navy Forces to implement the northern and southern expansions of Abu Qir Port and the development of the new Abu Qir Port, at a total value of EGP 19.06 billion.

Eleven banks participated in arranging the facility including: National Bank of Egypt, Banque Misr, Commercial International Bank of Egypt, National Bank of Kuwait - Egypt, Credit Agricole - Egypt, Banque du Caire, Export Development Bank, Bank of Alexandria, Suez Canal Bank, The United Bank of Egypt, and Arab investment Bank.

The signing ceremony took place on Wednesday, September 1, 2021, at the Conrad Cairo Hotel. The agreement was signed by Mr. Amr El-Alfy – Senior General Manager - Head of Business Group at NBK- Egypt. Among attendees were Mr. Ahmed Al-Shall - General Manager, Head of Large Corporate & Syndication at NBK-Egypt, Ms. Abeer Al-Sharif - Executive Director, Large Corporate & Syndication at NBK-Egypt, and Mr. Amir Ismail - Senior Manager, Large Corporate & Syndication at NBK-Egypt.

On this occasion, Mr. Yasser El-Tayeb, Vice-Chairman, CEO and Managing Director, NBK - Egypt said that the bank’s participation in financing such a mega project is in line with its strategy geared towards supporting the Egyptian government’s plans to finance major developmental projects.  He also highlighted that port development is considered one of the most prominent projects that contribute to boosting foreign trade, supports GDP and promotes economic recovery. In general, ports play a vital role in the country’s development, supporting its economy and national security.

The successful participation of a number of leading banks in arranging a credit facility of that size - the largest syndicated loan this year – including all preliminary arrangements and coordination between all participating parties is a testimony to the strength of the Egyptian banking sector and the synergy between its banking units. It also reflects the sectors eagerness and ability to finance and support all major national projects to support Egypt’s developmental plans, putting the country back on the road to economic prosperity, increasing employment opportunities, and playing a role towards achieving Egypt’s Vision 2030.

 

Meanwhile, Mr. Amr El-Alfi stated that NBK - Egypt has adopted a clear strategy for several years to support and finance megaprojects, infrastructure projects and sustainable development, which supports the country in realizing its future plans and achieve progress and prosperity for all segments of the Egyptian society. “Our bank’s participation in arranging this facility along with a number of our peers is a reflection of our strategy due to the great economic feasibility of this vital project, in addition to its vital contribution to the country's foreign trade and in establishing its leading position as a prominent player in the Mediterranean logistics platforms”. Mr. El-Alfi said.

Mr. Ahmed Al-Shall commented that NBK – Egypt played a key role in the arrangement of this credit facility, participating with EGP 1 billion in line with its leading role as a major player in the financing filed. This reflects the bank’s strength, its extensive ability and financial solvency that enables it to finance various projects, individually or jointly with the cooperation of other associated banks, in addition to affirming the bank's confidence in the relevance of this project and the key role played by the company in charge of its execution as one of the country’s most prominent contracting companies.

NBK-Egypt has a wide network of 52 branches spread over premium locations in various Egyptian governorates and cities including: Cairo, Giza, Alexandria, Delta, Sinai, Red Sea and Upper Egypt, in addition to the industrial zones in 6th of October and 10th of Ramadan cities. The bank is also privileged to be among the elite banks within the Egyptian market that hold an Islamic banking license in addition to its conventional licensing. It has two Islamic branches. Moreover, NBK-Egypt has a wide network of ATMs spread across the country to service the bank’s clients around the clock. 



Egypt: National Bank of Kuwait - Egypt participates as a platinum sponsor in the Arab Banking Conference 2022

19.05.2022

The National Bank of Kuwait - Egypt participated as a platinum sponsor in the Arab Banking Conference 2022, which was organized by the Union of Arab Banks and the Union of Egyptian Banks on May 18-19 at the JW Marriott Hotel in Cairo, under the title “The Repercussions of the International Crisis and Its Impact on the Economic Situation in the Arab Region.”

The conference was under the auspices of Mr. Tarek Amer - Governor of the Central Bank of Egypt. He preferred to open the conference sessions, accompanied by many statesmen, banking leaders, public figures, and the media. Mr. Isam Al-Sager - Vice-Chairman and Group Chief Executive Officer, NBK, and Mr. Yasser Al-Tayeb, Vice Chairman, CEO, and Managing Director of the National Bank of Kuwait - Egypt, as well as several heads of sectors in the Bank, which attended the conference as well.

And after the conference sessions, Mr. Karim Kamal - General Manager and Head of the Supporting Functions and Sustainability Sector at the Bank, and on behalf of Mr. Yasser Al-Tayeb, received the commemorative shield presented by the Union of Arab Banks to our Bank in appreciation of his participation in sponsoring the activities of this conference.



Egypt: NBK - Egypt Signs a New Cooperation Protocol with Magdi Yacoub Heart Foundation

24.03.2022

As part of its CSR and its commitment to expand its charitable contributions and projects in the Egyptian society year after another, National Bank of Kuwait (NBK)-Egypt has signed a new cooperation protocol for the second time with Magdi Yacoub Heart Foundation under which the Bank provides financial support for the project of building Magdi Yacoub International Heart Center, which will be located in 6th of October City.

On this occasion, Mr. Yasser El-Tayeb NBK - Egypt Vice Chairman, Managing Director & CEO said: “NBK’s provision of this new support to Magdi Yacoub Foundation comes within its CSR and its commitment to play a consistent role in serving the society by making donations and contributions to many non-profit organizations, which aim to develop and society and people at all levels, acting as the executive arm of the Bank’s development efforts. Magdi Yacoub Heart Foundation is a unique medical edifice that follows the latest methods and technologies in the field of heart diseases and research and provides treatment to all groups of people free of charge. It is a true example of trustworthy organizations that we are assured to cooperate with in order to achieve this noble goal in healthcare area, which is one of the key priorities for us and for the whole NBK Group in line with its CSR.

El-Tayeb added: “CSR is one of the key pillars of NBK - Egypt to achieve sustainable development, which aims to contribute effectively to the development of local communities. It aims to reinforce the Egyptian government’s strides in developing the following pivots:

- Provision of healthcare    - Economic development
- Urban development for the neediest areas  - Provision of educational opportunities

On his part, Mr. Karim Kamal - Head of Supporting Functions and Sustainability at NBK-Egypt sated: “NBK - Egypt has a rich record of leading humanitarian and social initiatives, as it seeks to provide various sorts of support to the segments that need care from the members of society, with the aim of promoting the culture of community service and social responsibility awareness, an approach that is consistently followed and promoted by the Bank. This new protocol signed with the Magdi Yacoub Heart Foundation is a continuation of the close cooperation and successful partnership between the Bank and the Foundation, which began in 2018.”

Meanwhile, Mrs. Rania Afifi – Head of CSR at NBK-Egypt mentioned: “NBK-Egypt places the development of the neediest communities and individuals as a top priority in its CSR allocations. Providing healthcare to patients is of the noblest goals, as healthy individuals are the cornerstone of society by being able productive and active contributors to national development and progress

On the other side, Mrs. Dina El-Gazzar, VP for Development and Fundraising at Magdi Yacoub Heart Foundation expressed her appreciation of NBK-Egypt’s ongoing support of the efforts to establish the Foundation’s new center in Cairo, to increase the number of beneficiaries and spread knowledge for doctors and nursing staff in Egypt and the region. She hoped that cooperation with the Bank continues during the coming period until the new center is completed and starts providing its services to citizens as soon as possible.

It is worth mentioning that NBK-Egypt now has a network of 54 branches strategically located across the different governorates and cities in Egypt including Cairo, Giza, Alexandria, Delta, Sinai, Red Sea, Port Said, Upper Egypt, and the industrial areas in the 6th of October and the 10th of Ramadan Cities. The bank is also privileged to be among the banks providing Islamic products, in conjunction to conventional products, through its dedicated Islamic banking branches. Additionally, it has a large ATM network across the key locations of the country to service its customers around the clock.

 



Egypt: NBK-Egypt Inaugurates Its 54th Branch at Katameya - 5A by the Waterway

06.03.2022

In continuation of its success and serving its expansion plans to increase its customer base and number of branches, as well as the continuous development and modernization of its branch network, National Bank of Kuwait (NBK) – Egypt has inaugurated its Katameya Branch - 5A by the Waterway. The opening ceremony was attended by Mr. Amr El Alfy, Head of Business Group at NBK – Egypt, Mrs. Salma Abou Hussein, Head of Consumer Banking at NBK-Egypt, Mr. Ahmed Youssef - Head of Distribution Channels and Branch Network, Mrs. Dena Al-Nemr – Co-Head Branches, and a number of members of the bank’s Executive Management, as well as the distinguished presence of Mr. Ashraf Shabib - Group CEO at Waterway Developments.

The new branch is strategically located at a world-class business complex in New Cairo; offering a great opportunity to attract many customers from different segments.

Speaking on this occasion, Mr. Amr El Alfy, Head of Business Group at NBK – Egypt said: “NBK-Egypt adopts a clear strategy to increase the number of its branches and its geographical footprint, whether in various key locations in Greater Cairo or other governorates. This includes new governorates where the bank had no previous presence, such as the recently opened Port Said Branch, in order to serve the largest number of the bank’s existing and prospective customers. Simultaneously, this serves the directions of the government and the Central Bank of Egypt towards financial inclusion and achieving Egypt’s Vision 2030, which the bank regards as a top priority.

“NBK-Egypt’s horizontal expansion by increasing the number of its branches has become a necessity to reach the largest number of its customers and serve them wherever they are, in a way that increases the bank’s competitiveness in the Egyptian banking market and supports its plans to increase customer base and introduce its top-notch banking services to them,” he added.

On her side, Mrs. Salma Abou Hussein, Head of Consumer Banking at NBK-Egypt said: “The new branch was designed, implemented and equipped according to state of the art technology to provide customers with utmost convenience and quickest service. It is also created to serve Privilege Banking Customers, with a dedicated waiting area to provide them with superior banking services allowing them to make their transactions in the easiest and quickest way possible, through a professional team of highly qualified bankers. The branch also features an advanced ATM/CDM machine providing cash withdrawal, deposit and currency exchange services.”

“The new branch provides its services to customers all over the week from Saturday to Thursday from 9:30 a.m. to 5:30 p.m., and on Friday from 2 pm to 7 p.m., and it is the 8th branch of the bank that operates all week long and during most official holidays,” she added.

Abou Hussein noted that by opening this new branch, NBK-Egypt now has a network of 54 branches that are strategically located across the different governorates and cities in Egypt including Cairo, Giza, Alexandria, Delta, Sinai, Red Sea, Upper Egypt, and the industrial areas in the 6th of October and the 10th of Ramadan Cities, in addition to the recently opened Port Said Branch. The bank is also privileged to be among the banks providing Islamic products, in conjunction to conventional products, through its dedicated Islamic banking branches. Additionally, it has a large ATM network across key locations of the country to service its customers around the clock.

 



Egypt: NBk's newest branch "Port Said Branch" officially opened

15.02.2022

In continuation of the Bank's successful path and in support of our expansion plans to increase the customer base and the number of branches, as well as the continuous development and modernization of our branch network, we are pleased to announce that on Monday, the 7th of February 2022, the Bank's newest branch "Port Said Branch" was officially opened.
It is worth mentioning that "Port Said" branch is the First branch to be opened in the canal cities region and was inaugurated by Mr. Amr ElAlfy – Head of Business Division, Mrs. Salma Abu Hussein – Head of the Consumer Banking Sector, Mr. Ahmed Youssef - Head of Distribution Channels and Branches Network, and several Executive Managers from the Bank.

The new branch is distinguished by its strategic location in downtown Port Said, an excellent opportunity to attract many customers from different segments, bringing our branch network count to 53 branches.

It is worth mentioning that the new branch has been designed and implemented according to the latest designs and modern technologies to provide customers with complete comfort and speed of service performance. The branch includes a Privilege lounge for our Privilege Banking segment clients and a business center lounge to deal with our corporate clients. The branch is also equipped with two cash & deposit ATMs, one of them also equipped with currency exchange function.



Egypt: NBK Egypt honored best-performing employees in a Golden Draw Event offering Citroën C5 award.

27.01.2022

NBK Egypt organized a ceremony to honor the best performing colleagues in Q4, 2021 from the Consumer Banking Division, during the presence of Mr. Yasser ElTayeb, Vice Chairman, CEO and Managing Director, Mr. Amr Alalfy, Head of Business and Ms. Salma Abu Hussein, Head of Consumer Banking with the presence of Division Heads and Executive Management.

To honor the best performing colleagues, a Citroën C5 was awarded during the ceremony, in addition to gold coins and trophies.

The Bank's management sincerely congratulates the winning colleagues for their hard work & delegation.