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Sherdy Says National Bank of Egypt Loan Growth Reflects Rising Investment

Automated summary•6 October 2026 at 19:09
Sherdy Says National Bank of Egypt Loan Growth Reflects Rising Investment

Egyptian broadcaster Mohamed Mostafa Sherdy said growth in the National Bank of Egypt’s loan portfolio reflected an increase in investment in Egypt.

Sherdy said the bank’s loans to customers and banks reached EGP 4.8 trillion at the end of December 2025, up 22% from the previous year.

The figure covers lending to both customers and banks, rather than customer borrowing alone. The summary of his remarks did not provide a breakdown between the two categories.

Sherdy linked the expansion in lending to investment activity, although the figures cited did not specify which sectors received the loans or how the funds were used.

This is an automated summary from the available headline and excerpt, not the full story or a claim of human review.

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