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Al-Ahli Bank of Kuwait - Egypt Inaugurates its new Branch in Zagazig

Cairo, Egypt, October 3, 2017 – Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) celebrated the inauguration of its latest branch today in Zagazig, Sharqia, in line with the Bank’s expansion plan, aiming at a wider geographical coverage across Egypt.

The ribbon cutting ceremony held to celebrate the occasion was attended by Governor of Sharqia - Major General Khaled Saied, ABK - Egypt Chairman - Mr. Ali Marafi, CEO and Managing Director - Mr. Khaled El Salawy, alongside representation from ABK - Egypt Senior Management and VIP customers.

 In his welcoming remarks, Mr. Ali Marafi stated, “ABK is strengthening its presence in the Egyptian market following an ambitious plan that allows the bank to attract and serve a wider range of clientele.  In the upcoming period, we aim at heightening our efforts to enhance the competitiveness of our service offering and introduce premium banking solutions.”

According to Mr. Khaled El Salawy, “ABK has recorded an outstanding performance over the course of 2017, which comes in full accordance with our long-term strategy of endorsing our brand in Egypt, as well as enriching our products and services range and upgrading the skills of our people. We have launched a number of new products and services to cater to our clients’ needs in response to the recent economic developments.”    

Mr. Khaled El Salawy added; “ABK will continue to grow, ensuring utmost convenience and proximity of our services to clients wherever they are, as part of our efforts to support the Egyptian economy in general and the banking sector in particular.”

The new location in Zagazig will offer state of the art services to large corporates as well as small and medium-sized enterprises, in addition to innovative retail banking services for individuals. The new branch is located at 25 Talaat Harb Street, just off El-Qady Street in the city of Zagazig.

For more information about ABK - Egypt, please call 19322 or visit our website at