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National Bank of EgyptEgypt
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Created on: 2020-10-27 14:15:55
Last update: 2023-01-05 15:04:26

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National Bank of Egypt's head office. Photo: Faris knight via Wikimedia Commons (CC BY SA 3.0)

About National Bank of Egypt

National Bank of Egypt (NBE) is the oldest commercial bank in Egypt, founded in 1898. During the 1950s, NBE assumed the role of central bank. After its nationalization in the 1960s, it acted as a pure commercial bank as well as carrying out the functions of the central bank in the areas where the latter had no branches. Since mid-1960s, NBE has been in charge of issuing investment certificates on behalf of the government. NBE has an extensive network of 510 branches and offices nationwide. The bank maintains an international presence in the UK,  Sudan, USA, China and has representative offices in South Africa, UAE and Ethiopia.

Website https://www.nbe.com.eg/NBE/E/#/EN/Home
Headquarters
1187 Corniche El Nil, Cairo Plaza
Cairo
Egypt
CEO/chair Hisham Okasha
Chairman and Executive Director
Supervisor
Central Bank of Egypt
Annual reports CSR report 2020-2021
Annual report 2019-2020
Ownership
listed on Egyptian Exchange (EGC)

National Bank of Egypt is owned by the Egyptian state.

Complaints and grievances

National Bank of Egypt does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance.

Policy Assessments

Banks and Human Rights

Human Rights Benchmark Africa 2021

BankLast update
Country
Score
Ranking
Details
National Bank of Egypt
EGY
0
Laggard

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0
Egypt
Score
Laggard
0
Explanation

National Bank of Egypt's human rights policies, processes and reporting were assessed as part of the Human Rights Benchmark Africa 2021. The bank is assessed as a Laggard, with a total score of 0 out of 14.

Policy: 0/3
Due dilligence: 0/5
Reporting: 0/3
Remedy: 0/3

Explanation
Laggard
Follower
Front runner
Leader
0 - 3.5 points
4 - 5.5 points
6 - 8.5 points
9 - 14 points
For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

African banks responsive on human rights but most lack basic policies, finds new benchmark

Nigeria’s Zenith leads after publishing previously unavailable policies; state-owned National Bank of Egypt comes in last place with no points
2021-03-29 | BankTrack

Documents

Type:
Year:
annual reports
2022-07-05 00:00:00

CSR report 2020-2021

2022-07-05 00:00:00 | National Bank of Egypt
annual reports
2021-06-14 00:00:00

Annual report 2019-2020

2021-06-14 00:00:00 | National Bank of Egypt
annual reports
2020-08-01 00:00:00

CSR report 2016 - 2019

2020-08-01 00:00:00 | National Bank of Egypt
annual reports
2020-07-31 00:00:00

Annual report 2018-2019

2020-07-31 00:00:00 | National Bank of Egypt
bank documents
2020-07-01 00:00:00

Accounts 2018-2019

2020-07-01 00:00:00 | National Bank of Egypt
annual reports
2019-07-01 00:00:00

Annual report 2017-2018

Document in Egyptian
2019-07-01 00:00:00 | National Bank of Egypt

Policies

Voluntary standards

National Bank of Egypt has committed itself to the following voluntary standards:
  • Global Reporting Initiative
  • Principles for Responsible Banking (PRB)
  • Task Force on Climate-related Financial Disclosures (TCFD)

Investment policies

National Bank of Egypt does not have publicly available investment policies nor does it have a web page on corporate social responsibility.

Year:

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