Financial Institutions

Financial Institutions

The Financial Institutions Sector - FI - ensures on going successful banking relationships with financial, non-financial institutions and donor agencies.  The FI Sector builds, maintains and expands a solid base of foreign and local correspondents to fulfill its clients’ requirements.  In its efforts to maximize the Bank’s profitability, FI Sector explores and identifies new quality bank relationships focusing on target markets as stipulated by the Bank’s strategy for growth. It also uses its correspondents’ network to expand its capabilities across countries beyond traditional payments and trade finance transactions to further enhance the bank’s profitability.

 

 

In line with the Egyptian government's strategy to double the volume of Egyptian exports by 2020 and EBE role as one of the Egyptian government's arms to develop and increase Egyptian exports, EBE will continue to focus on helping exporters to increase Egyptian exports by opening new outlets and reaching out foreign markets.  This includes African markets as well as other potential export markets.  It will also provide non-financial services to exporters in the form of specialized market information, advisory and counseling services on foreign markets access.

 

 

The Financial Institutions Sector main objectives are summarized as follows:

 

  • Continue to build, expand and strengthen the network of external and local correspondents to meet all customer needs.
  • Maximize the profitability of the bank through its network of financial institutions by implementing traditional and non-conventional banking transactions. 
  • Expand the network of correspondents in the African continent as well as other new potential markets for exporters. 
  • Strengthen the bank's financial resources through funds procurement at competitive prices and as required by the bank’s business units.
  • Work on receiving technical assistance programs /grants from by international financial institutions and donors to implement best practice and increase work efficiency across the Bank Business Units. 
  • Liaise and work closely with the government export bodies; including Ministry of Trade and Industry, General Organization for Export and Import Control, Exporters Association, Chambers of Commerce and Export Councils to enhance the competitiveness of Egyptian exports, supports export projects with the necessary financing and provide non-financial services as required by Egyptian exporters.

 

 

Bank Name

Nostro Account Number

Currency

Wells Fargo bank, London

88001740

 

CAD

Zürcher KantonalBank, Switzerland

070001282654

CHF

Danske Bank A/S, Copenhagen

3007524129

DKK

Central Bank of Egypt, Cairo

4/003/07658/7

EGP

Abu Dhabi Islamic Bank, UAE

18866707

AED

Deutsche Bank AG, Frankfurt, Main

95007111000

EUR

Standard Chartered Bank, London

0001255522001

GBP

National Commercial Bank, Jeddah

88321122000206

SAR

Wells Fargo Bank, New York

JP Morgan, New York

2000193003530

278055527

USD

Nordea Bank AB (PUBL), Sweden

39527708796

SEK

Standard Chartered Bank, Hong Kong

44708145674

CNY