National Bank of Egypt (NBE) is the oldest commercial bank in Egypt. It was established on June 25, 1898 with a capital of £ 1 mn. Through its long march, NBE’s functions have varied to square with the different economic and political phases in Egypt. During the 1950s, NBE performed the central bank’s duties. After its nationalization in the 1960s, it acted as a pure commercial bank besides carrying out the functions of the central bank in the areas where the latter had no branches. Moreover, since mid-1960s, NBE has been in charge of issuing and managing saving certificates on behalf of the government. ENJOY!!

This is a Test Note the denomination is 20, printed in Arabic under the Sphinx