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National Investment Bank posts 6B profit
The National Investment Bank achieved net profits of 6 billion Egyptian pounds during the fiscal year 2024/2025, after suffering losses of 31.7 billion pounds in the previous year. This reflects the success of the bank’s financial and institutional reform efforts. During the board of directors' meeting, chaired by the Minister of Planning, Ahmed Rustom, discussions centered on the progress of the bank’s restructuring and the settlement of historical debts exceeding 196 billion pounds. This included two agreements to settle debts with government entities, aimed at strengthening the bank’s developmental and strategic role. A future plan was also approved to finance infrastructure projects through partnerships with international institutions. Additionally, Dalia Mostafa was appointed as Vice Chairman of the Board, as part of the ongoing efforts to enhance the bank’s financial and institutional reform.
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