Export Development Bank of Egypt is one of the
bestknown names in North African financial rendering sector. The Bank plays a
vital role in supporting Egyptian exporters and facilitating the access of
Egyptian products to markets. The Bank is keen to obtain customer satisfaction,
through providing a wide variety of banking products and services developed
with competitive rates such as: time deposits, saving certificates in various
currencies and tenors, different types. Export Development Bank of Egypt has
been awarded by the Europe Business Assembly the Best Enterprise Award for
their strong position in the national market, the bank’s status in
international ratings, the utilisation of modern management technologies, high
staff qualification and a successful marketing strategy. The Europe Business
Assembly (EBA) is an international corporation for the evolution and
implementation of economic and social development. Its mission is to develop
and implement projects for the economic and social growth of regions, companies
and corporations; providing practical dialogue between experts, investors,
businessmen, government bodies and local authorities. The Best Enterprise Award
project was established in 2000 to present the best regional companies to
European business society. The main purpose of Europe Business Assembly is
defining prominent companies with their further promotion and assistance in
entering EBA society, assistance in attraction of partners world-wide among EBA
members due to EBA growing chain of subsidiaries and partners in 60 countries.
Award nominees are carefully selected by EBA professional research team.
Winners are determined though our ratings research, which includes media,
social network, internet, news and open statistic data analysis and the recommendations
of authorities, social organizations, institutions, chambers of commerce,
branch associations and unions, educational institutions and the experts
surveyю Export Development Bank of Egypt was established in 1983 for the
purpose of boosting Egyptian exports and supporting establishments of
agricultural, industrial, commercial and services sectors. Soon after, the Bank
became the main funding source of exports operations in Egypt. Through its
outstanding performance and policy, based on diversified investments, the Bank
was abl to grow more and more, and achieve efficiency and a strong financial
position. This has helped the Bank to attain the confidence of exporters,
owners of small and medium-size enterprises and individuals, in addition to the
rust of local and international financial institutions. One of the main
business lines and activities of the Bank is the Corporate Banking and Loan
Syndication Activities, which roll is to provide necessary finance for export
oriented and / or import substitution industries, supporting non-export
industries finance requirements and securing necessary foreign currency needs,
also to provide necessary finance in the form of loan syndications for various
industrial sectors, as well as providing diversified finance packages including
medium term loans, short term lending to finance working capital requirements
for various economic sectors. As part of the leading role played by the banking
sector in supporting SMEs sector and providing the appropriate finance. The Bank
maintains a leading position among other banks to tap SMEs sector through
signing an agreement in 2005 with IFC, showing interest in supporting and
developing the SME’s sector which was reflected in the increase in the Bank’s
SMEs portfolio. EBA is proud to present
Export Development Bank of Egypt as a leading financial services provider by
awarding them the Best Enterprise Award at the Achievements Forum-2016 on 22
March in the Institute of Directors, London. Mr.Mohamed Ismail AlShareef,
Chairman was honoured as the Manager of the Year. We wish them all the best for
a successful business future.
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