Al Ahli Bank of Kuwait - Egypt records EGP 1.3 Billion Net Profit for the nine-month period ended 30 September 2022
Cairo, 6 November 2022: In continuation of its robust performance in the Egyptian market, Al Ahli Bank of Kuwait - Egypt (ABK-Egypt), one of Egypt’s fastest growing banks, records strong financial performance for the nine-month period ended 30 September 2022. The Bank reported a Net Profit of EGP 1.3 Billion in the end of the third quarter of 2022, up 104.8% compared to EGP 616 Million over the same period last year, while Net Interest Income reached EGP 1.96 Billion, representing a 26.6% rise when compared to EGP 1.55 over the same period in 2021.
Read moreAl Ahli Bank of Kuwait-Egypt participates in a syndicated loan to finance Elsewedy Electric Group with EGP 400 Million
Egypt, Cairo October 2022:In line with national directions and Central Bank of Egypt’s initiatives supporting the industrial sector to ensure achieving sustainable development and economic growth, Al Ahli Bank of Kuwait - Egypt (ABK-Egypt) announced its participation in a syndicated loan to Elsewedy Electric Group.
Read moreABK-Egypt launches lucrative Credit Card Cash Back offers
Cairo: October 2022Al Ahli Bank of Kuwait - Egypt (ABK-Egypt) announced the launch of several Credit Card Cash Back campaigns over the past period and till end of year, offering 10% Cash Back to all ABK- Egypt Credit Cardholders on all local and international credit card purchases during September and October as well as Cash Back offer on Fuel payments with cards in all gas stations till end of 2022.
Read moreAl Ahli Bank of Kuwait - Egypt organizes a full week awareness campaign on financial inclusion at Al - Nahda University in Beni Suef Governorate
Egypt, Cairo October 2022 :As part of Al Ahli Bank of Kuwait Egypt’s (ABK-Egypt) leading role in supporting financial inclusion and promoting financial literacy among unbanked segments, and in line with the Egyptian Government direction and the Central Bank of Egypt initiatives, the Bank took part in celebrating International Savings Day that took place during the period from October 15th to 31st 2022, through its active presence for a full week in Al-Nahda University in Beni Suef Governorate.
Read moreAl Ahli Bank of Kuwait – Egypt launches an awareness campaign on financial inclusion in Beheira Governorate
Egypt, Cairo September, 2022: Under the auspices of the Central Bank of Egypt (CBE), Al Ahli Bank of Kuwait - Egypt (ABK-Egypt) launched an awareness campaign during the month of September to celebrate "Egyptian Farmer’s Day" with the objective of raising awareness on financial inclusion and digital banking services in Beheira Governorate.
Read moreAl-Ahli Bank of Kuwait -Egypt participates in “International Youth Day” initiatives
Egypt, Cairo August,2022: Al Ahli Bank of Kuwait – Egypt (ABK – Egypt) participated in the “International Youth Day” under the auspices of Central Bank of Egypt (CBE), through its presence in “Matrix club” in Tanta governorate and “Suez sporting club” in Suez governorate.
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