ALEXBANK is one of Egypt’s leading private sector banks. Established in 1957, the bank later sold 80% of its shares to the Italian group Intesa Sanpaolo in 2006.
The IFC subsequently became a shareholder, acquiring 9.75% of the bank from Intesa Sanpaolo. ALEXBANK has since launched an ambitious development strategy to move in line with Intesa Sanpaolo’s innovative systems and platforms and has recently set the standard for branch design, IT infrastructure, services and a portfolio of financial services.
With a country wide network of 180 branches and over 1.5 million customers, ALEXBANK represents Egypt’s largest private sector bank in terms of branch network and the largest in terms of retail assets. As a continuous believer in the power of human capital and innovation, ALEXBANK is continually investing in and upgrading its people skills and platforms to further meet the needs of an ever more demanding and evolving market.