Bank of Alexandria in the Financial Sector

The Bank of Alexandria is a significant player in the financial sector. It was established in 2004 and is headquartered in Alexandria, Egypt.

The bank offers a wide range of financial services to individuals, businesses, and corporations. This includes corporate banking, retail banking, and investment banking.

One of the key strengths of the Bank of Alexandria is its commitment to innovation and technology. The bank has invested heavily in digital banking solutions, making it easier for customers to manage their finances online.

The bank's focus on innovation has paid off, with a significant increase in customer satisfaction and loyalty over the years.

Bank of Alexandria has a long history dating back to 1857 when local Greek merchants established a bank to cater to their community. It was eventually liquidated in 1877.

The bank has undergone several mergers and acquisitions over the years. In 1924, Anglo Egyptian Bank merged with The Colonial Bank and the National Bank of South Africa to form Barclays Bank.

In 1957, the Egyptian government founded a new Bank of Alexandria to take over the Egyptian operations of Barclays Bank DCO, which had been nationalized in 1956. This marked a significant turning point in the bank's history.

Here's a brief timeline of the bank's major developments:

The Bank of Alexandria has a rich history that spans over a century. In 1857, local Greek merchants established a Bank of Alexandria to cater to the needs of the Greek merchant community, which was later liquidated in 1877.

The English overseas bank, Anglo-Egyptian Bank, was founded in 1864. This marked the beginning of a new era in banking in Egypt.

In 1924, Anglo Egyptian Bank merged with The Colonial Bank (established in 1836) and the National Bank of South Africa (established in 1891) to form Barclays Bank (Dominion, Colonial and Overseas). This merger was a significant milestone in the history of banking in Egypt.

The Egyptian government played a crucial role in shaping the bank's history. In 1956, the government nationalized Barclays Bank DCO, and in 1957, it founded Bank of Alexandria to take over the Egyptian operations of the nationalized bank.

Here's a brief timeline of the bank's history:

The bank's history is a testament to its resilience and adaptability in the face of changing economic and political landscapes.

The Executive Committee of Bank of Alexandria SAE is responsible for making key decisions and overseeing the bank's operations. The committee is led by Dante Campioni, who has been the Chief Executive Officer since 2014.

Let's take a look at the current members of the Executive Committee:

Alessio Cioni has been a part of the Executive Committee since 2006, making him one of the longest-serving members.

The Bank of Alexandria SAE has a diverse and experienced Board of Directors.

The Board has a total of 9 members, each bringing their unique skills and expertise to the table.

One notable member is Ziad Bahaa-Eldin, who serves as the Chairman of the Board. He has been in this role since February 18, 2019.

Alessandro Alcesi and Ehab Mohammed Hassan Abou Eish are two other Board members who joined in 2021, with Alessandro taking up the position on July 10 and Ehab on September 21.

The Board also includes Alessio Cioni, who is 52 years old and has been a member since October 10, 2022.

The Board's composition is as follows:

The Bank of Alexandria SAE operates in the Stock Market sector, specifically within the Equities category. This is where the company's BALX Stock is listed.

The Bank of Alexandria SAE's presence in the Stock Market sector allows it to tap into the global market and attract a wide range of investors.

Here are some key sectors where the Bank of Alexandria SAE is active:

The Bank of Alexandria is a historic institution, but what makes it tick? The bank's headquarters is located in Alexandria, Egypt, a city known for its rich history and cultural significance.

The bank's operations are overseen by the Egyptian Ministry of Finance, which ensures that it adheres to the country's banking regulations.

The bank's services include personal and corporate banking, as well as investment and asset management.

The S A details are an important part of a bank's identification.

The S A name is Bank of Alexandria S A E.

The S A name is also the bank name.

The S A name is used in the bank's SWIFT code, specifically in the 8 character code ALEXEGCX.

The S A name is also used in the bank's branch name, which is Bank of Alexandria S A E.

The S A name is used in the bank's branch address, specifically in the street name 6 Salah Salim.

Here's a summary of S A details:

You'll need the SWIFT code of the recipient's bank to initiate an international transfer. The SWIFT code for Bank OF Alexandria S A E is used for international transactions.

Traditional banks often process international transfers slowly and at a higher cost. This is why alternative solutions like the Qonto business account can be a better choice.

To use the Qonto business account, you'll need to provide the recipient's SWIFT code, along with other essential details. This will help ensure a swift, cost-effective, and secure international transfer.

Additional reading: Banking Code