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About Al Ahli Bank of Kuwait
Al Ahli Bank of Kuwait - Egypt is a subsidiary of Al Ahli Bank of Kuwait, offering a wide range of banking services in Egypt. Here are some key points about the bank:
- History: Originally founded in 1978 as Alexandria Kuwait International Bank (AKIB), it was later rebranded as Egyptian Commercial Bank. In 2005, Piraeus Bank Group acquired it, renaming it Piraeus Bank Egypt. Al Ahli Bank of Kuwait acquired Piraeus Bank Egypt in November 2015 to expand its regional presence[2].
- Services and Presence: The bank provides services such as savings accounts, deposits, foreign exchange, debit and credit cards, wealth management, online banking, loans, ATM services, and remittances[4]. It operates with a network of 44 branches and 92 ATMs across most Egyptian governorates, employing around 1,000 employees[2].
- Head Office: Located in Smart Village, Giza, the bank serves retail, corporate, and small and medium enterprise (SME) customers through a diverse portfolio of financial products and services[2].
- Digital Banking: Al Ahli Bank of Kuwait - Egypt offers comprehensive online banking services, including money transfers to other accounts within the bank and to other banks, both locally and internationally. These services require the creation of beneficiaries and use a software token for enhanced security[3].
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