NBE eyes $600m syndicated loan

Cairo – Mubasher: National Bank of Egypt (NBE) seeks to join a group of lenders together to win a $600 million syndicated loan.

The three-year loan is likely to be provided by international banks and some UAE-based lenders, sources told Reuters.

NBE, Egypt’s largest bank by assets, has topped Bloomberg’s Africa syndicated loans list in the first quarter of 2018.

 

Mubasher Contribution Time: 30-Apr-2018 10:07 (GMT)
Mubasher Last Update Time: 30-Apr-2018 10:13 (GMT)