5 Qirsh National Bank of Egypt 75th Anniversary

The National Bank of Egypt was founded in 1898 under a concession granted by the Khedivial government, originally as a private institution with heavy British shareholder involvement — a detail that made its 75th anniversary a somewhat pointed occasion to commemorate, given Egypt had by 1973 been under Nasser's nationalization policies for nearly two decades. The bank had been fully absorbed into the state apparatus in 1960, folding its central banking functions into what became the Central Bank of Egypt in 1961.

The 1973 issue appeared the same year as the October War against Israel.