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Egypt's NBE eyes retail portfolio to hit $5bn end-June

The retail banking portfolio of Egypt's biggest state-run bank National Bank of Egypt has been boosted to 36.5 billion Egyptian pounds (US$4.6 billion) at the end of December 2015. Head of Retail Alaa Farouk told Amwal Al Ghad Thursday that the bank aims at increasing the portfolio to 40 billion…

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