The National Bank of Egypt (NBE) was ranked the country’s top bank for syndicated loans in Bloomberg’s global syndicated loans league table for 2020, according to a recent statement.
The bank extended a total of EGP 318 billion worth of syndicated loans during the year.
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In December, NBE decreased its stake in Real Estate Egyptian Consortium from 5.68% to 0.18%.
NBE sold 2,200,341 shares at EGP 9.21 per each, with a total amount of EGP 20,275,042.
