Citibank’s presence in Egypt dates back to 1955 when it opened its first branch of a U.S. bank in the Middle East. Following the nationalizations of the late 50’s and 60’s, Citibank re-introduced itself in the market in 1975, through its branch in Cairo, with a license to operate in foreign currency. In 1993, Citibank Egypt received its license to operate in local currency, a major milestone, which allowed for the gradual development of a full-blown Corporate and Investment Banking business that caters to corporate customers and financial institutions, providing the full range of Global Transaction Services, Corporate Finance, Treasury, and Asset Based Finance solutions. Additionally, CitiDirect is our online internet-banking solution available to our corporate customers for transaction execution.

BANQUE MISR is the pioneering bank in utilizing state-of-the-art technology for banking systems and services in Egypt.

The United Bank is an exciting new name in the Egyptian banking and finance sector with a one billion Egyptian pounds paid in capital. It was established by the Central Bank in June 2006, as a part of its reform strategy in Egypt, the United Bank acquired three banks; the United Bank of Egypt, the Islamic International Bank for Investment and Development, and the Nile Bank.

National Bank for Development (NBD) was incorporated in June 1980 as a Commercial Bank with a capital of L.E 50 million. NBD's Authorized Capital has been raised to L.E. 500 million and the paid up capital to L.E 281.9 million.

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