In a key announcement during a panel at “People and Banks” 2025, Soha El-Turky, Deputy CEO of the National Bank of Egypt (NBE), confirmed that the bank plans to double its private sector loan portfolio over the next two years, in line with the national economic reform agenda.
“Our updated strategy aligns with Egypt’s three economic pillars: macroeconomic stability, improved competitiveness, and accelerated transition to a green economy,” said El-Turky.
She noted that NBE currently holds a credit portfolio of EGP 4.3 trillion, representing approximately 47% of total banking sector credit in Egypt. While the bank continues to finance large-scale national projects, its new strategy places greater emphasis on supporting private enterprises across all segments, including SMEs and startups.
“People and Banks”: Bridging Digital Innovation and National Strategy
Held under the theme “Smart Economy, Secure Future”, “People and Banks” 2025 brought together policymakers, bankers, tech leaders, and development experts to explore how technology and finance intersect in achieving Egypt’s Vision 2030 goals.
Topics included digital financial inclusion, green banking, AI applications in governance, and the expanding role of banks as development partners.
