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.
imported 2024-03-17 17:43:07
“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.
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.
AIB is considered the private bank for high net worth individuals inside Egypt. This business model will change very soon, once we get local currency operations in place.
We revisited our strategic direction last year, in using our platform and experience in Egypt to expand to other countries; our original vision was to be the preferred partner for transaction processing.
“We are the safe haven for large depositors. AIB is considered the private bank for high net worth individuals inside Egypt,” says Amr Atallah, GM for Branches and Banking Services at AIB.
Arope Insurance was established in 1974, and since then, has become one of Lebanon’s leading insurance companies. Arope Insurance is dedicated in helping people manage the risks of everyday life, recover from the unexpected, and preserve their Lifetime Financial Security.
Arope Insurance was established in 1974, and since then, has become one of Lebanon’s leading insurance companies. Arope Insurance is dedicated in helping people manage the risks of everyday life, recover from the unexpected, and preserve their Lifetime Financial Security.
Blom Bank is traditionally a commercial bank. However, the bank has expanded gradually to become a full service bank. Blom Bank has become the number one bank in Lebanon and the region in terms of retail banking. Furthermore, the bank provides private banking, investment banking, islamic banking, and fund management services.
Blom Bank is traditionally a commercial bank. However, the bank has expanded gradually to become a full service bank. Blom Bank has become the number one bank in Lebanon and the region in terms of retail banking. Furthermore, the bank provides private banking, investment banking, islamic banking, and fund management services.
Yao Kouassi, Deputy Chief Executive Officer of BICICI (BNP Paribas Group), talks about the medium term strategy of the bank in Ivory Coast.