Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the USA, Africa and Asia.
With over 300 years of history and expertise in banking, we credit our success over the centuries to the strength of our customer and client relationships and our pioneering spirit.
In Egypt, Barclays has a long history of world class financial servicing in Egypt, having been strongly present in the Egyptian market since 1864. Barclays re-entered Egypt 30 years ago as a joint venture company with Banque du Caire with Barclays PLC increasing its shareholding equity to 60% by 1999. In March 2004, Barclays acquired 100% ownership of the business and continued since then as an engine of growth through realization of its horizontal and vertical expansion plans. Barclays has a wide network of 56 branches all over Egypt. Almost 60% of Barclays Egypt branches are in three major governorates which are Cairo, Giza and Alexandria.
Barclays operates in over 50 countries and employs approximately 127,000 people. In Egypt, Barclays has 150 years of world class financial services and now operates through a wide network of 56 branches and 85 ATMs all over the country. Its highly dedicated and skilled 1500 employees proudly serve a well spread client base including leading international, regional and domestic companies as well as a strong base of retail banking customers approximately 127,000 customers across the country.
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. Building on its successful history in the corporate field, a specialized business module for the SMEs has been developed in 2007 and is currently seen as the most suitable module in the market due to its holistic offerings ranging from finance to vocational training of management and specialized workshops by industry.
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 Bank Egypt has further expanded its product offerings through 2008 with a focus on retail and Premier tailor-made products serving all customers’ needs such as the car finance scheme, personal loans, daily interest bearing accounts and cards business.
Barclays is dedicated to supporting 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 up to 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 witnessed strong participation of our staff members and leaders who invest their time and skills in various initiatives.
In October 2009, Barclays Egypt won the Africa investor Investment and Business Leader Award for the Best Initiative in Support of SMEs and the Millennium Development Goals. Barclays Egypt has also received 2 awards from Visa international in 2009 in recognition of 2008 performance: 1) Fastest Growing Credit card Portfolio in Egypt and 2) Superior customer Service Cycle. In 2011, Barclays Egypt Received the “Most Effective Recovery of the Year Award” organized by the Continuity, Insurance and Risk Magazine (CIR) in London as a tribute to the professionalism of the colleagues at Barclays Bank Egypt and the ability they manifested in maintaining a clear focus on serving customers and keeping the operations running seamlessly in the midst of an unprecedented revolt in Jan 2011. In the same context, Barclays also received the “Global Retail Bank Business Continuity Award”, which recognizes excellence in business continuity and operational risk management that are vital to success; it also demonstrates the high level of commitment of Barclays Egypt towards catering to the Egyptian banking market holistically and efficiently, particularly during critical times
* Above figures are reported as at financial performance report ending April 2013
- Saeed El Nadoury, Chief Risk Officer
- Ayman Mahana, Human Resources Director
- Mohamed Sherif, Finance Director
- Tamer Ragheb, Interim Corporate Banking Director
- Sherif El Behery, Retail and Business Banking Director
- Mahmoud Bahaa, Treasurer
- Amal Moussa, Legal Director
- Katherine Rowlands, Head of Compliance
- Sarah Ibrahim, Head of Marketing and Corporate Relations
- Shady Kamal, Chief of Staff
- Joman Salama, COO
- Hala Sakr, Managing Director
- Tarek Elrefai, General Manager
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