In the eighties, it was necessary for the Egyptian government to build financial institution that support the state exports, the most prominent of which was the Export Development Bank of Egypt.
The Export Development Bank of Egypt (EBank) was founded in 1983 with the mission to boost and facilitate the Egyptian exports in all sectors, agricultural, industrial and commercial.
EBank positioned itself at the core of export operations in Egypt. EBank’s emphasis on the customer and dedicated vision to boosting exporters gained it the trust of several Small and Medium Enterprises (SMEs), individuals and Financial Institutions.
The bank plays an integral role locally and internationally; locally through their import substitution projects to improve local production, and internationally through facilitating Egyptian products to the worldwide market through financing export transactions.
EBank is widely spread through branches all over Egypt and a network of correspondent banks with economic ties to Egypt, all with the aim of facilitating business to Egyptian exporters.
Though EBank lends special attention to exporters and import-substitution industries through corporate lending and syndicated loans, its diversified financial packages are extended to non-exporting industries as well.
The bank’s primary vision is to provide and maintain their diversified services and products at a high quality through its well spread network of branches and ATMs placed throughout Egypt along with their network of corresponded banks abroad.
Export Development Bank of Egypt was awarded with best trade finance bank in Egypt by The GTR Leaders in Trade MENA during 2020.
