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Bank of Alexandria
Bank Info
Bank of Alexandria was established in 1957 as an Egyptian joint stock company. It was privatized on 17/10/2006 via selling 80% of its shares to the Italian group Sanpaolo. The sale deal was concluded so successfully that it was described as the best privatization process in Egypt.
Mainly owned by Intesa Sanpaolo group which was created via the merger of the two financial Italian groups : Banca Intesa and Sanpaolo IMI. Now operating under the leadership of Intesa Sanpaolo which is the biggest Italian bank and the third in the Euro Zone.
Website: alexbank.com
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