Emirates NBD, the leading bank in the Gulf Cooperation Council (GCC) region and in the United Arab Emirates, entered the Egyptian market on June 2013 through the acquisition of the BNP Paribas subsidiary in Egypt.
This acquisition brings together the bank's local expertise, customer base and knowledge of the Egyptian market with the regional strength and knowledge of Emirates NBD.
The bank in Egypt demonstrated remarkable growth on all fronts since its establishment, and is currently operating with more than 2000 employees with extensive experience in both the local and global markets and over 67 branches and units with wide geographic coverage in Egypt including major districts and cities such as Greater Cairo, Giza, Alexandria, North Coast, Delta, Upper Egypt, Sinai and the Red Sea.
Emirates NBD Egypt offers its clients a broad range of topnotch products and services in three major segments - Corporate Banking, Retail Banking and Investment Solutions. A customer-centric mindset ensures that all products are innovative, effective and address the unique needs of every client.
The bank’s total assets in the Egyptian market amounted to 66.4 billion pounds, its loan portfolio reached 37.2 billion pounds, while its deposits posted 49.37 billion pounds, according to financial statement issued at the end of March 2021.
