Bank of Alexandria

Bank of Alexandria
Company typePrivate
IndustryFinancial services
Founded1957
HeadquartersAlexandria, Egypt
Key people
Ziad Bahaa-Eldin (Chairman)
Products
Websitewww.alexbank.com

The Bank of Alexandria is an Egyptian bank. It is considered one of the largest banks in Egypt, with 210 branches across the country. Founded in 1957, It has a market share of almost 7% and had assets of 5.2 billion euros (US$6.5 billion) as of June 30, 2006. Intesa Sanpaolo is the major shareholder in the bank.

The bank holds 70.25% of the bank shares, IFC holds 9.75% and the Egyptian Government holds 20%. Mahmoud Abdel Salam Omar, who is a former head of the Egyptian Banks Federation, is a former chairman of the bank.