Emirates NBD Egypt has officially opened its new Nile City branch in Cairo, marking a significant step in its expansion strategy. The branch has relocated from the northern building to the southern building of Nile City Towers, featuring double the previous space. This upgrade allows the bank to accommodate a larger customer base and deliver a more seamless and advanced banking experience, Invest-gate reports.
This move aligns with the bank’s ambitions to broaden its footprint within the Egyptian banking sector, aiming to expand its customer base while offering comprehensive banking services and solutions that cater to both individuals and businesses. Such initiatives highlight Emirates NBD’s ongoing commitment to financial inclusion and economic empowerment, reinforcing its leading position in the Egyptian banking landscape.
The new branch was inaugurated by Mostafa Ramzy, Head of Retail Banking and Wealth Management at Emirates NBD Egypt, and Ihab Kasber, Head of Branch Network. The ceremony was attended by Amr El Shafie, CEO and Managing Director of Emirates NBD Egypt, and Haitham Abdel Azim, CEO of Aura Developers Egypt, along with many notable bank leaders, including Tamer Ragheb, Head of Corporate Credit, Ahmed El Shant, Chief Operations Officer, and Mira Youssef, Head of Marketing and Corporate Communication. The event also saw participation from key partners such as Ayman Abdel Azim, CEO of Conrad, and representatives from Orascom and Aura Developers Egypt.
Strategically located in Nile City Towers, which hosts numerous prominent companies and embassies, the new branch features a modern design that reflects the bank’s contemporary identity. The branch spans 370 square meters and includes a dedicated reception area for high-net-worth clients along with a large meeting room, ensuring the delivery of top-tier service and a more efficient banking experience.
Mostafa Ramzy commented on the occasion, stating, “The opening of Emirates NBD Egypt’s new branch is a substantial milestone in our expansion strategy to enhance our presence in key areas, providing our customers with an exceptional banking experience characterized by ease and comfort. We firmly believe that our customers are essential to our success and our partners in our journey towards leadership in the banking sector.”
He added, “This step reflects our commitment to offering a comprehensive suite of advanced banking services, supporting our efforts to stimulate economic growth, create new job opportunities, and contribute to sustainable development, in alignment with Egypt Vision 2030, thereby enhancing the bank’s reputation as a reliable financial partner.”
The inauguration of the new branch underscores the bank’s belief in customer partnerships as key to its success. This expansion increases its network to a total of 66 branches, providing integrated banking solutions tailored to diverse customer needs. With around 335 ATMs spread across the country, Emirates NBD solidifies its leading position in the Egyptian banking sector and reaffirms its dedication to delivering an outstanding banking experience to its clientele.