Leading banks in Egypt: AlexBank
“The Bank of Alexandria is the third largest bank in the private sector,” says Roberto Vercelli, Managing Director & CEO of AlexBank.
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“The Bank of Alexandria is the third largest bank in the private sector,” says Roberto Vercelli, Managing Director & CEO of AlexBank.
“The banking sector has grown over the last 3 years both in terms of loans and deposits because we have a lot of liquidity in the country,” explains Roberto Vercelli, Managing Director & CEO of AlexBank.
“We can only compete on internationally focused projects; we cannot compete in the local market. When it comes to international projects, where you need to have international experience, we are considered one of the only companies in Egypt who manages certain types of consortiums,” says Mostafa Al Hassan, Chairman of Global Consolidated Contractors (GCC).
“Global Consolidated Contractors was established in 2005. The idea behind the company and even its name was to create a merger between the consortium from international companies in the construction sector and local companies. We work in construction management and we bring together international expertise and local labour to bid for international projects,” says Mostafa Al Hassan, Chairman of Global Consolidated Contractors (GCC).
“We started the company in 2005. I would call myself a co-founder because it was only me and the CEO to begin with. We now have 700 employees spread all over Egypt,” explains Haithem Trabeek, Strategy & Business Planning Director at e-finance.
“e-payment currently has enormous potential and it is expanding. When we started in 2005, e-payment did not even exist and now it is part of the country’s future strategy, which was announced by the Minister of Telecommunication a couple of months ago,” explains Haithem Trabeek, Strategy & Business Planning Director at e-finance.
Our strategy is to capitalise on the sectors where our expertise is well known and we have the most clientele. Secondly we want to address the SME market. Thirdly we want to accompany all of the smaller SMEs, i.e. the very small companies and individuals.
Our objectives at the moment are to increase our processing levels and to transform ourselves from being a country that is an exporter of raw cashew nuts to a country that exports cashew kernels. This will allow us to ensure the stability of the price in terms of the growers and even to perhaps increase the price and create added value as well as reduce unemployment in Ivory Coast.
Nongolougo Soro talks about SNDI’s main mission and project, which is to assist the Government of Ivory Coast in modernizing all the administrative processes and public sector activities by spreading the efficient use of IT and ICT tools.
Nongolougo Soro, CEO of SNDI, talks about exporting expertise and know-how to other French speaking African countries.