National Bank of Egypt (NBE) is the first established commercial bank in Egypt. It was established on June 25 1898 with a capital of £ 1 million. NBE provides various and distinguished saving pools in both Egyptian and foreign currencies covering the needs of the different brackets in the society. Besides, the Bank accounts for 70% of the credit and installment card market and 45% of the debit cards.

During the fiscal year 2008/ 2009, National Bank of Egypt showed a resilient performance across all performance indicators. The Bank's total assets in June 2009 recorded more than EGP 259 billion, growing 15% vis-à-vis June 2008. The Bank's total deposits reached nearly EGP 219 billion, growing 26% compared to the previous year, whereas total loans recorded about EGP 94.4 billion. The net amount of loans and investments (including Treasury bills) amounted to EGP 170.5 billion, increasing 35.6% versus the previous year. The surplus (before provisions and taxes) accounted to EGP 6 billion, increasing by 19.7% compared to the previous year. NBE's market share reached 23.7% of the total banking market measured by total assets and about 26.7% measured by total deposits in June 2009.

NBE's performance is triggered by 429 banking units nationwide. To this may be added the Bank's effective international presence. This is in addition to an extensive correspondent network round the globe mainly in Europe, which is Egypt's premier commercial partner.