The National Bank of Egypt (NBE) has achieved strong and sustained growth in its corporate lending and syndicated loans activities during the first half of 2026, with its portfolio of financing for large corporations and syndicated loans reaching approximately EGP 5.5 trillion by the end of June 2026.
The strong performance reflects the bank’s robust financial position and balanced strategy of supporting the Egyptian national economy through financing major projects across various productive and service sectors, while responding to the diverse financing needs of major corporate clients.
NBE Expands Financing for Strategic Economic Sectors
Mohamed El-Etreby, Chief Executive Officer of the National Bank of Egypt, emphasized the bank’s continued commitment to providing the financing required for major projects that create added value for the economy, accelerate development, and support the state’s plans to advance a wide range of economic sectors.
El-Etreby explained that the bank’s financing activities cover strategic sectors including transportation, healthcare and education, telecommunications and information technology, petrochemicals, non-bank financial services, environmental services, waste management and recycling, real estate development, building materials, food industries, petroleum, agriculture, and tourism.
According to El-Etreby, financing projects in these sectors contributes positively to Egypt’s sustainable economic development, supports the localization of industry, and creates additional employment opportunities for Egyptian youth.
He added that such financing also contributes to reducing imports and increasing export rates, which in turn helps improve Egypt’s trade balance and maximize the country’s foreign currency resources.
Corporate Financing Portfolio Reaches EGP 5.5 Trillion
Soha El-Torky, Deputy Chief Executive Officer of the National Bank of Egypt, said the bank’s corporate lending and syndicated loans business is supported by its strong and continuously expanding network of relationships with local banks as well as regional and international financial institutions.
She explained that these financial institutions have confidence in NBE’s ability to structure, execute, and manage major financing transactions with a high degree of professionalism and expertise.
El-Torky also highlighted the bank’s substantial capital base, which enables NBE to provide various forms of financing required for major projects while tailoring financing solutions to the different needs of its clients and the specific nature of the economic activity of each project.
She revealed that the National Bank of Egypt’s corporate lending and syndicated loans portfolio reached approximately EGP 5.5 trillion by the end of June 2026, representing an increase of approximately 14% compared with 2025.
This growth further strengthens NBE’s market position, with the bank accounting for approximately 48% of Egypt’s total banking credit market.
The portfolio comprised approximately EGP 4.6 trillion in direct financing, including medium- and long-term loans as well as operating credit facilities.
It also included approximately EGP 845 billion in indirect financing, covering instruments such as letters of credit and letters of guarantee.
NBE Attracts 110 New Large Corporate Clients
The bank’s strong performance was also reflected in the continued expansion of its large corporate customer base.
The total number of active large corporate clients reached approximately 1,650 customers by June 2026.
During the first half of the year, NBE attracted 110 new corporate clients, with total approved credit limits reaching approximately EGP 36.6 billion.
The expansion of the bank’s corporate client base highlights its growing ability to provide financing solutions tailored to major companies operating across Egypt’s key economic sectors.
In the field of syndicated loans, El-Torky said the National Bank of Egypt successfully arranged 19 syndicated financing transactions during the first half of 2026, with a combined value of approximately EGP 169 billion.
NBE’s share of these transactions amounted to approximately EGP 60 billion, further highlighting the bank’s role in structuring and financing major projects and transactions in cooperation with other financial institutions.
The bank’s extensive relationships with local, regional, and international financial institutions have supported its ability to take leading roles in major syndicated financing transactions and provide large-scale funding solutions for corporate clients.
EGP 397 Billion in Financing for Environmental and Social Projects
El-Torky emphasized that the National Bank of Egypt continues to play a key role as a major driver of economic and social development in Egypt, based on its commitment to achieving the Sustainable Development Goals and supporting the objectives of Egypt Vision 2030.
As part of this strategy, the bank has expanded its financing of green and sustainable projects.
The volume of financing directed toward environmental and social projects reached approximately EGP 397 billion by June 2026, reflecting NBE’s firm commitment to supporting Egypt’s green transition, strengthening the resilience of the national economy, and contributing to the creation of a more sustainable future for future generations.
These financing activities cover a wide range of sustainable projects, including solar energy projects, water treatment facilities, sustainable transportation, and green buildings.
The bank is also supporting industrial companies in their transition toward production systems characterized by lower carbon emissions, helping businesses adopt more sustainable operating models.
As part of its efforts to expand sustainable financing, the National Bank of Egypt launched its first in-house financing program, the “Green Buildings Financing Program.”
The program was specifically designed to finance sustainable buildings across different economic sectors through a flexible financing structure capable of serving diverse categories of clients and sustainable projects.
Under the program, financing has so far been approved for three clients, with a total financing value of approximately EGP 1.7 billion.
In addition, the bank has attracted eight clients whose financing applications are currently under review, with total proposed financing amounting to approximately EGP 5.52 billion.
The program represents part of NBE’s broader efforts to expand sustainable financing and support the transition toward environmentally responsible economic activities and projects.
Major Syndicated Loan Deals Led by NBE
Sherif Riad, Executive Head of Corporate Credit and Syndicated Loans at the National Bank of Egypt, said the bank has led the arrangement of a number of major syndicated loan transactions during the first half of 2026.
Among the most prominent transactions were those involving Al Sharif Hotels and Tourism Company, Arabia Hotels Company, Sky Ports Company, Redcon for Real Estate Development, Al Ezz Steel Rolling Company, one of the subsidiaries of the Ezz-Dekheila Steel Group, Qased Khair for General Supplies and Contracting, Rawasi for Urban Development, and the Egyptian-Emirati Tourism Development Company.
These transactions demonstrate the bank’s extensive involvement in financing major projects across different sectors of the Egyptian economy and its ability to structure financing packages that meet the requirements of large-scale corporate projects.
In addition to arranging syndicated loans, the National Bank of Egypt has also played a role as a financial advisor on several strategic projects.
Riad highlighted the bank’s role as financial advisor in major projects, most notably the project of Alamein Silicon Products Company and the project of the Egyptian Soda Ash Company.
NBE also participated in several securitization bond issuances on behalf of a number of its clients.
The bank participated in five securitization bond issuances with a total value of EGP 8.5 billion, while NBE’s share amounted to approximately EGP 1.8 billion.
International Awards Recognize NBE’s Corporate Financing Performance
The National Bank of Egypt’s strong performance in corporate lending and syndicated loans has also resulted in the bank receiving numerous awards from leading international institutions specializing in the evaluation of banks and financial institutions.
The bank has received recognition from prominent institutions and awards programs, including EMEA Finance, Global Banking Awards, African Banker Awards, and Bloomberg.
These recognitions reflect the bank’s strong performance in arranging and managing major financing transactions and reinforce its position as one of the key financial institutions supporting major corporate projects and economic activities in Egypt.
NBE Receives 10 Regional and International ESG Awards
The National Bank of Egypt has also received 10 prestigious regional and international awards from global institutions in recognition of its efforts to promote sustainability and environmental, social, and governance (ESG) principles.
The awards also recognized the bank’s prominent role in financing sustainable banking transactions and environmental initiatives, as well as its adoption of best practices in the management of green financing.
These accolades highlight NBE’s growing role in supporting sustainable finance and integrating environmental, social, and governance considerations into its banking and financing activities.
The awards further reflect the leading position achieved by the National Bank of Egypt at both the regional and international levels.
They also underscore the bank’s success in developing innovative financing solutions that support Egypt’s green transition, strengthen sustainable economic practices, and contribute to achieving the Sustainable Development Goals.
The National Bank of Egypt’s performance in corporate lending, syndicated financing, sustainable finance, and strategic financial advisory services demonstrates its continued commitment to supporting major economic projects and contributing to Egypt’s development objectives.
With a corporate lending and syndicated loans portfolio of approximately EGP 5.5 trillion by June 2026, a 14% year-on-year increase, and a market share of approximately 48% of Egypt’s total banking credit market, NBE continues to strengthen its position as a major source of financing for large corporations and strategic projects.
At the same time, the bank’s EGP 397 billion in financing for environmental and social projects, alongside its Green Buildings Financing Program and growing involvement in sustainable transactions, underscores its commitment to supporting Egypt’s transition toward a greener and more resilient economy.
Through its continued expansion of corporate financing, syndicated loans, sustainable finance, and innovative financing solutions, the National Bank of Egypt continues to play a central role in supporting economic growth, industrial localization, job creation, export growth, and the broader objectives of Egypt Vision 2030.
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