National Bank of Egypt Ranked Safest Bank Globally

The National Bank of Egypt has been recognized as the safest bank globally in Global Finance’s 35th annual ranking, a benchmark used for evaluating banking institution soundness for over three decades.

Mohamed El-Etreby, CEO of the National Bank of Egypt, highlighted the bank’s top position in the ranking, emphasizing its resilience amid economic challenges and global market fluctuations.

El-Etreby stated that the ranking, based on global credit rating agency reports, underscores the NBE’s adherence to international standards, which helps maintain asset strength and performance stability.

The ranking boosts confidence in the bank’s performance, stability, and growth, with El-Etreby noting that safety standards are prioritized to encourage long-term partnerships and regional success.