Top Largest Banks in Egypt

The top largest banks of Egypt include Commercial International Bank (CIB), National Bank of Egypt, NSGB, Bank of Alexandria, Faisal Islamic Bank of Egypt, among others.

Commercial International Bank (Egypt) holds the largest market capital in the Egyptian banking sector. It is a market leader in adopting international best practices regarding Corporate Governance and Disclosure, and creating tremendous opportunities in Retail and SME banking. Global Finance has recognized CIB as the “Best Bank in Egypt”; The Banker has named it as 'Bank of the Year – Egypt', while Emerging Markets acknowledged it as 'Best Bank in North Africa'.

National Bank of Egypt (NBE) is the oldest and largest bank in Egypt, established on 25 June 1898 with a capital of £ 1 million. According to July 2009 issue of The Banker, NBE is ranked 269th at the world level in terms of total assets, ahead of all Egyptian banks and in the 11th place among Arab banks.

National Société Générale Bank (NSGB) is one of the largest private banks operating in Egypt, established in 1978 with a focus on corporate banking.

The Bank of Alexandria is one of the largest banks in Egypt. It was established in 1957 as an Egyptian joint stock company. The Bank has won the title of “Successful Banking Reform Model”.

Faisal Islamic Bank of Egypt is the first Egyptian Islamic and Commercial Bank and it is one of the most important Egytpian banks. The bank conducts trade financing as well as investment activities. It also offers a range of services in the field of retail banking and corporate banking in addition to carrying out ventures of developmental and national interest.

* Next: Stock Brokers in Egypt

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn