National Investment Bank settles $7.2bn in debts, most non-performing assets
Planning Minister Ahmed Rostom said debts and financial entanglements of about $7.2 billion (E£402bn) between the National Investment Bank and government bodies have been settled since February 2026. The settlement resolves more than 95% of the bank's non-performing assets as part of a restructuring ahead of its conversion into a new institution.
Clearing a large share of non-performing assets at a state lender is a key step in restructuring NIB's balance sheet before its planned transformation.
- Event
- Restructuring · completed
- Date
- Monday 26 October 2026
- Institution
- National Investment Bank
- Partner
- Ministry of Planning and Economic Development
- Amount
- $7.2bn (EGP 402bn)Converted at the reference rate for Monday 26 October 2026