Egypt’s banking sector: Growth in 2014

“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.

 

“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.

“In three years, we have grown by more than 30% in both deposits and loans. The problem is that we had a drop in the request for loans from the corporate sector.”

 

Interview with AlexBank: AlexBank: Becoming the best bank in Egypt for SMEs

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