[2] The Al Watany Bank of Egypt was founded in May 1980 by several Egyptian businessmen as a joint Stock Company under the provisions of Law 43/1974 with two branches in Cairo.

[3] It grew in a promising economy and gradually established a reputation as the leading bank for small and medium-size businesses within the Egyptian market.

[3] In August 2007, the National Bank of Kuwait (NBK) acquired a 51% stake in Al Watany for US $516 million.

[8][9] It posted a profit of 290.6 million Egyptian pounds for the first nine months of 2008, a 29.2 percent growth compared to the same period in the previous year.

It has 41 branches located across Egypt from Cairo and Alexandria to Giza, Mansoura and Sohag.