Egypt’s AlexBank, Mastercard team up to boost services
Mastercard has partnered with Egypt’s AlexBank, a member of the Intesa Sanpaolo Group, to support growth, digital…
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Intesa Sanpaolo Group
Intesa Sanpaolo in talks with Egypt gov’t to buy remaining 20% stake in ALEXBANK
Intesa Sanpaolo Group, the leading European bank and owner of 80 percent stake in AlexBank in Egypt, has started…
AlexBank says H1 net profit hit EGP 2.365 billion
Egypt’s AlexBank, part of Italy’s Intesa Sanpaolo, announced on Tuesday that its net profit after tax reached 2.365…
EIB grants Egypt’s AlexBank $15 mln for SMEs green projects
The European Investment Bank (EIB) has released a new installment of the $15 million renewable and efficiency…
Intesa to start talks to buy rest of Egypt’s AlexBank
Italy's biggest bank, Intesa Sanpaolo will start extensive negotiations in the coming few hours to buy the Egyptian…
AlexBank secures Germany’s SANAD $10 mln loan for Egypt MSMEs
Egypt's AlexBank, a member of Italian bank Intesa Sanpaolo Group, has received Tuesday an additional $10 million…
AlexBank signs agreement to support 1,000 poor families in Aswan
AlexBank, a member of Italian bank Intesa Sanpaolo Group, has signed Monday a joint cooperation agreement with the…
Alexbank named best bank for SMEs in MENA: Euromoney
AlexBank has been named “Middle East’s Best Bank for SMEs” by pre-eminent international finance magazine Euromoney.…
AlexBank 2015 net profit exceeds 1bn Egyptian pounds for first time
Egypt’s AlexBank – a member of Italian bank Intesa Sanpaolo Group – has crossed for the first time one billion…
AlexBank unveils 2014 Robust Performance, Net Profits 9.5% up
Triggered by significantly improved operating environment, Alexbank announced Thursday it delivered in 2014 a…
AlexBank: Retail Lending hikes to EGP12 billion at September-end
AlexBank – a member of Italian bank Intesa Sanpaolo Group – reported a total retail lending portfolio of 12.090…
AlexBank Signs in Rome MoU to Support Egypt’s SMEs Sector
In light of the Italian-Egyptian business council meetings as part of President Abdel Fattah Al-Sisi's visit…
AlexBank: Investments in T-bills Record EGP11.78bn at September-end
AlexBank, a group of Intesa Sanpaolo Group, reported more than 13% growth (or EGP 1.4 billion) in its 9-month total…
AlexBank; Lead Arranger of Vodafone Egypt’s EGP4bn Syndicated Loan
In line with its commitment to support public services, AlexBank –a group of Intesa Sanpaolo Group) is contributing…
AlexBank Transforms Customer Service with Avaya Multimedia Contact Center
AlexBank, a member of Intesa Sanpaolo Group, announced on Thursday it has deployed a comprehensive multimedia…
AlexBank Plans EGP400mn Investments into Egypt Market
AlexBank, a member of Intesa Sanpaolo Group, confirmed its optimism about the future of the Egyptian economy due to…
AlexBank’s Board Ratifies EGP20mn Contribution to Long Live Egypt Fund
The Board of Directors of AlexBank - a member of Intesa Sanpaolo Group, approved the decision to contribute EGP 20…
AlexBank Retracts Announcement of a New Historical Building Branch
In a quick response to Amwal Al Ghad’s latest report about a new branch housed in the one of the most vital…
AlexBank Violates Egypt Laws, Opens Branch Housed in Historical Building
AlexBank – subsidiary of Intesa Sanpaolo Group – announced today a new branch in Alexandria city, housed in the…
AlexBank’s Chairman Bruno Gamba Passed away
AlexBank, a subsidiary of the Intesa Sanpaolo Group, announced early Thursday that the bank's non-executive…
AlexBank Decides to Contribute to Sisi’s Fund, Withdraws Previous Remarks
AlexBank, a member of the Intesa Sanpaolo Group, will donate to 'Long Live Egypt' Fund, CEO Roberto Vercelli…
Is AlexBank CEO’s Strategy Threatening Egypt-Italy Ties?
Roberto Vercelli, CEO of AlexBank, is asserting again that his recent cynical remarks about not contributing to…
AlexBank Contributes EGP13mn to FEB’s Initiative to Support Egypt Economy
AlexBank will contribute 13 million Egyptian pounds to support the Arab country's economy and carry out a number of…
AlexBank Won’t Contribute to ‘Long Live Egypt’ Fund – CEO
AlexBank, a member of Intesa Sanpaolo Group, will not contribute to 'Long Live Egypt' fund, CEO Roberto Vercelli…
Retail Loans Invade AlexBank, Is Intesa ‘Serious’ about Funding Plans in…
After being institutions' lender, is AlexBank turning into a retail bank? During first quarter, Bank of Alexandria…
In AlexBank, 20 Key Employees’ Monthly Salaries Hit EGP2.5 million
Despite a 3.9% fall in first quarter net profits and being a 20% owned by Egyptian government, Bank of Alexandria…
ALEXBANK to Implement US FATCA first of July
ALEXBANK announced that it will start applying the U.S Foreign Account Tax Compliance Act known as FATCA beginning…
ALEXBANK appoints new Chief Executive Officer
ALEXBANK, a subsidiary of the Intesa Sanpaolo Group, announced in a press release on Sunday the appointment of…
Alex Bank Sale Lawsuit Delayed To April 15th
The State Commissioners Authority at the Administrative Court postponed the lawsuit raised to nullify the sale of…
Alex Bank Sale Lawsuit Adjourned To December 17th
The State Commissioners Authority at the Administrative Court postponed the case raised for nullifying the sale of…
Alex Bank Disbursed 184,000 Yellow Remittances
Alex Bank disbursed 184 thousand yellow remittances with value of EGP 729 million till the end of the last week,…
AlexBank Disburses 55% Of Yellow Remittances
Alex Bank Intesa Sanpaolo disbursed EGP 600 million, the value of 55% of the total yellow remittances scheduled to…
AlexBank: Personal Loans Portfolio Reaches EGP 6 Bln
Alex Bank Intesa Sanpaolo said the personal loans registered 66% of the total retail banking portfolio that reached…
AlexBank Offers EGP 1 Bln Finances To SMEs In Q1
The volume of finances offered by Alex Bank, subsidiary of Intesa Sanpaolo Group, to small and medium enterprises…
AlexBank To Implement 60 ATMs & Develop 20 Branches In 2012
Alex Bank, subsidiary of Intesa Sanpaolo Group, intends implementing 60 more ATMs to reach 320 ATMs, up from 260…
AlexBank Disbursed 114, 000 Yellow Remittances
Alex Bank, subsidiary of Intesa Sanpaolo Group, disbursed EGP 476 million in the last three weeks which is the…
AlexBank Reports EGP 30.3 Bln Deposits In March
Deposits of AlexBank, subsidiary of Intesa Sanpaolo Group, grew 8% as they registered EGP 30.3 billion in last…
AlexBank Mortgage Reports EGP 100 Mln In March
AlexBank, subsidiary of Intesa Sanpaolo Group, reported EGP 100 million in mortgage portfolio at the end of last…
Bank of Alexandria to introduce Islamic retail banking products, if CBE approves
By Mohamed Hamdy Bank of Alexandria (Bank Of Intesa Sanpaolo Group) demanded an approval from the Central Bank of…