Egypt’s biggest state lender, the National Bank of Egypt (NBE) was at the top of Bloomberg’s African syndicated loans league table as a financing agent, lead manager and promoter in 1Q2022, according to a statement (pdf) from the lender.
The state-owned bank managed nine transactions worth more than EGP 35 bn during the quarter — more than any other bank in the Middle East and Africa, the statement read.
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NBE managed 51 transactions — more than any other bank in the Middle East and Africa — worth more than EGP 235 bn during 2021. The bank also ranked number three as financing agent and main arranger among banks in the MENA region.
MENA rankings: NBE came in third in the MENA region as a financing agent, and fourth as a lead manager.
