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50 Piastres

Issuer National Bank of Egypt
Year 1899
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Size 130 × 69 mm
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Reverse description Printed entirely in green, the reverse is dominated by an intricate guilloche pattern of interlocking scrollwork and rosettes filling the entire field. A central horizontal cartouche in Arabic script is framed by elaborate lathe-work borders, with the denomination '50' in Western numerals at the left within a circular medallion and 'قرش' (Piastres) at the right, the printer's imprint 'Bradbury Wilkinson & Co London' appearing in small text at the lower margin.
Reverse lettering البنك الأهلى المصرى
P.T. 50
قرش
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Comments

The National Bank of Egypt was established in 1898 with a concession granted by the Egyptian government, and this 50 Piastres note is among the earliest paper it issued — P#1 placing it at the very opening of the series. Bradbury Wilkinson, working out of New Malden in Surrey, handled the printing, as they did for a significant portion of British-influenced colonial and semi-colonial banking institutions of the period.

Two signatures appear: Palmer and Rowlatt. Ernest Palmer served as the bank's first governor; Frederick Rowlatt as secretary. Notes requiring both signatures were a deliberate safeguard built into the original concession terms, designed to prevent unilateral issuance.

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