Every StartupHub.today article filed under National Bank of Egypt.
Nader Saad confirmed that the National Bank of Egypt (NBE) now holds a significant 30% share of the market for small and medium-sized enterprise (SME) financing. This success is largely due to their growing reliance on alternative data, which helps them assess creditworthiness in new and innovative ways.
The National Bank of Egypt and the Ministry of Youth and Sports have teamed up to launch a fantastic new initiative called 'Shabab Shamel.' It's all about boosting financial inclusion and empowering young people across Egypt through practical training and support for entrepreneurs.
The Federation of Egyptian Banks has just appointed Ahmed Fouad to lead its Small and Medium-sized Enterprises (SME) Committee. This is a big step to make bank financing for SMEs even better and help this vital sector drive Egypt's economic growth.
Ahly Momken, a company backed by the National Bank of Egypt, has just unveiled its fresh new corporate identity! This exciting change is all about strengthening its position as a comprehensive provider of digital payment solutions, making transactions easier and more accessible for everyone in Egypt.
Exciting news for Egypt! Apple Pay has officially launched, making it super easy and secure to pay with your iPhone, Apple Watch, and other Apple devices. Major banks like Emirates NBD, Abu Dhabi Commercial Bank, National Bank of Egypt, Banque Misr, and Commercial International Bank are quickly enabling the service, so you can ditch your cash and traditional cards for a smoother shopping experience.
It's exciting to hear that more than half of the people benefiting from the National Bank of Egypt's non-financial services are women! This is part of their fantastic programs to support small and medium-sized businesses and boost women's economic empowerment.
