NBK’s Subsidiary, Al Watany Bank of Egypt (AWB), has recently opened a new branch at Sharm El Sheikh, in tandem with the bank's local strategy to reinforce its domestic presence and reach out to the widest range of clientele. The new Sharm El Sheikh is the 36th branch for the AWB network in Egypt. This comes in tandem with NBK’s regional expansion strategy and reflects NBK’s increasing interest in the growing Egyptian banking sector. NBK believes that the Egyptian economy will continue its strong growth over the long term.
NBK Deputy CEO & AWB Chairman Shaikha Al Bahar said that the new full-service branch has been designed to accommodate greatest possible number of visitors, staffed with AWB’s high-caliber bankers and equipped with the latest banking services to better serve our increasing number of customers and meet their expectations and trust.
“The new branch is fully equipped with sophisticated equipment and latest technologies in banking services, such as Cheque Deposit Boxes, Cash Deposit Machine (CDM) and ATM machines”, Al Bahar added.
AWB, which is a member of NBK Group, was established in 1980 and has a branch network comprised of 30 branches situated at strategic locations within the various Egyptian governorates and cities, including Cairo, Al Jezza, Alexandria, 6th October, 10th Ramadan, Souhaj and Sharm Al Shaikh.
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