EGYPTIAN AMERICAN BANK

Business Summary

Egyptian American Bank (EAB) is a joint venture between American Express Holdings Inc. and the public sector Bank of Alexandria. The Bank has five main branches and its core business activity is corporate banking. It also offers consumer banking, financial institutions services and global treasury services. The financial institutions division is engaged in the management of Egyptian and international financial institutions, it also manages a number of specialty trade finance programs. The global treasury division handles foreign exchange trading, liquidity management and funding, bond trading and the wholesale of banknotes. The operations and technology division is focused on upgrading the Bank's technology infrastructure. The risk management division is involved in the areas of corporate and consumer lending and institutional and treasury risk management. The compliance division focuses on corporate governance and combating money laundering.

Country of Incorporation

Egypt

Incorporation Date

1976-01-01

Business Sector

Banking & Investment Services