Barclays in Egypt

Barclays Bank Egypt has a long history of world class financial servicing in Egypt, having been strongly present in the Egyptian market since 1864. Barclays operated as a joint venture company with Banque du Caire with Barclays PLC increasing its shareholding equity to 60% by 1999. In March 2004, Barclays Bank Egypt acquired the remaining 40% with 100% ownership and control of the local business.

Being an active member of the international Barclays conglomerate, Barclays Bank Egypt capitalizes on the expertise and empowerment of the global enterprise to offer high value and unique products and services across the Egyptian market.

Barclays has been actively expanding its Retail Banking in Egypt by providing carefully designed and innovative product offerings. These are helping to place Barclays amongst the leading financial institutions and renowned provider of excellence when it comes to Credit Cards, Car Loans, Personal Loans, and
Bancassurance products.

Barclays Bank Egypt continues to provide its corporate clients in various business areas with expert financial solutions relying on its extensive knowledge of the local market as well as its longstanding experience in international markets. The main lines include all forms of contingent facilities of large corporate and small businesses, cash management services and sophisticated treasury products including derivatives. Barclays has launched it proposition for SMEs in 2007, offering full-fledged banking services especially tailored to address the needs of this segment.

Barclays is extremely dedicated to support the communities within which we operate and in Egypt we are committed to setting an exemplary model in corporate social responsibility. At Barclays we dedicate 1% of our profits before tax to corporate social investment initiatives, meaning that the better we perform the more we can contribute to enhancing our community.

We engage our communities through partnering with local associations to support initiatives that enable sustainable economic growth. We have also created a world-class volunteering program that has secured staff participation where both our employees and leaders are encouraged to give their time and skills to local associations.

Employing more than 1,600 people, Barclays Bank Egypt serves more than 100,000 customers across the country through a network of over 50 branches and an ATM network that covers all branches plus more than 25 off-site ATMs.