Bank of Alexandria

The Bank of Alexandria is one of the largest banks in Egypt, with 210 branches across the country.

[1] 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.

It 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.