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2 clusters · 4 sources · 19 days · First seen · Last updated

Nasser Social Bank product expansions in Egypt

Overview

Nasser Social Bank has introduced new financial products in Egypt aimed at specific demographic groups. In September 2026, the bank updated its educational expense financing to allow for university tuition installments. This product combines financing with a savings component, where unused funds for future academic years earn a 15% annual return.

By October 2026, the bank expanded its offerings to include products for pensioners and senior citizens. This includes the ‘In Love with Egypt’ financing, which provides cash loans between 5,000 and 30,000 EGP at a 9% annual interest rate, and the ‘Return the Favor’ certificate, which offers investment returns of up to 17.50% annually.

Entities

Nasser Social Bank · Walid El-Nahas · Qena · Ministry of Social Solidarity · Maya Morsy

Timeline

  1. [BUSINESS] 2 sources
    Nasser Social Bank launches financing and certificates for pensioners

    Nasser Social Bank offers specialized financing for pensioners and seniors, including loans up to 30,000 EGP and investment certificates with returns up to 17.50%.

  2. [BUSINESS] 2 sources
    Nasser Social Bank updates education financing and tuition installments

    Nasser Social Bank has updated its education financing product to include university tuition installments and a savings feature offering a 15% annual return on unused funds.

Sources

aqarlight.com · bnokonline.com · elaosboa.com · sadaelomma.com