Banks in Egypt have a remarkable contribution in the financial sector of the country. There is a series of Egyptian banks that with their efficient operation and skilled techniques have acquired huge popularity. Some of these banks are privately owned and some are public sector banks. Banks of Egypt are basically of two types commercial and non-commercial. Some of the most-known commercial public sector banks in Egypt are as follows:
- Bank of Alexandria
- Banque Misr
- National Bank of Egypt
- Banque Du Caire
The private banks of this sector are listed below:
- Misr International Bank
- Egyptian American Bank
- Faisal Islamic Bank of Egypt
- Egyptian Commercial Bank
- The Nile Bank
- Al Watany Bank of Egypt
Again, the non-commercial banks in Egypt are of different types. These are Real Estate Bank, Agriculture Bank, Industrial Bank etc. Some of the non-commercial private banks of Egypt on the other hand include:
- National Societe Generale Bank
- Export Development Bank of Egypt
- Arab African International Bank
- Islamic International Bank for Investment and Development
Among the above mentioned
Banks in Egypt, Faisal Islamic Bank of Egypt is said to be the first Islamic and Commercial Bank of Egypt as well as the most important financial institute of the country.