Bank ABC in Egypt, is a subsidiary of ABC Group one of the largest international banking groups in the Middle

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Overview

Bank ABC in Egypt, is a subsidiary of ABC Group one of the largest international banking groups in the Middle East and North Africa with a presence in 15 countries across the globe.

The bank has 27 retail branches & 83 ATM spread throughout Egypt. The bank provides a wide range of banking products including retail banking, corporate banking & SMEs offering a full product mix of quality products suiting different individual needs.

Bank ABC undertakes a significant level of business in Egypt, which is a key strategic market for ABC, having established its presence through the acquisition of Egypt Arab African Bank in 1999 with authorized capital of 1 billion Egyptian pounds.

The portfolio of products include Personal Loans, Car Loans Credit Cards, Visa Electron, and all types of deposits like current accounts, saving accounts, time deposits and saving certificates., correspondent banking, as well as treasury products.

Saddek Omar El Kaber

Chairman

Amr Tharwat

MD & CEO

Mr. Sael Al Waary

Vice-chairman

Mohammad Saleem

Director

Rabih El Halabi

Executive Director (Chief Operating Officer)

Simona Sabella

Independent director

Arab Banking Corporation- ABC

First Bank index is the first digital indicator in Egypt and MENA for measuring and catogrising banks' financial performance

EGP1.8 bn
Total Shareholders’ equity by the end of 2018
37.34%
Loan-to-Deposit Ratio (LDR) by the end of 2018
EGP 2.9 bn
Total projects loans by the end of 2018
EGP 1.6 bn
Total personal loans by the end of 2018
23.65%
Capital adequacy ratio
11.83%
Return on shareholders equity
1.5%
Return on assets by the end of 2018
12.26%
Composite index of financial solvency