The progress was announced during a board meeting chaired by Planning and Economic Development Minister and NIB Chairman Ahmed Rostom to review the final stages of the settlements and approve the bank’s restructuring plan.
The minister said the restructuring aims to maximize the bank’s role in supporting the implementation of Egypt’s economic and social development plan, while improving the management and allocation of public investments.
This collaborative effort is anticipated to yield substantial benefits for the national economy, aligning with the directives of Prime Minister, Mostafa Madbouly.