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The Financial Institutions Department acts as a focal point for managing all aspects of BLOM Bank Egypt business relationships with banks and financial institutions on a worldwide basis.
We offer a broad range of individually tailored products and financial services designed to meet client's business needs.
BLOM Bank Egypt continues to go in line with the outstanding developments in global, as well as, local business markets.
Capitalizing on BLOM’s Network and presence, a well diversified correspondent banks network all over the globe has been created. Meanwhile, the division continues to strengthen the network to better serve our clients inter-bank business requirements locally and globally.
Financial Institutions Department conducts multiple inter - banking activities beside correspondent banking i.e. Forfeiting, Funded and Unfunded Risk Participation, Syndicated Loans, Trade Finance and more, which contribute directly in uplifting the bank's operational profits ahead, as well as, diversifying the bank's risk exposures, most importantly, facilitating our clients business dealings, requirements, and satisfaction.
The Department continues to play a pivotal role in the profitable investment of the Bank’s surplus liquidity owing to their reliable surveying of the local and international markets and making use of the BLOM Group synergies.
The role played by the FI Team is even highlighted by their implementation of the Bank strategies, taking initiative to market for the services and products offered by the different departments and to shop for the profitable transactions and thus acting as a sole point of approach to our correspondents and clients.
We believe that we can remain operating perfectly as long as we continue to satisfy our client's needs by even exceeding their expectations and seeking beyond excellence in providing a full set of services that match their requirements.
To this end, Financial Institutions Division has formed a dedicated team of professionals who are responsible for providing necessary support and customized solutions based on the individual requirements of our Correspondents and Clients.
Furthermore, achieving steady and remarkable financial performance supported by a strong corporate and retail client's base is absolutely supporting our business volumes, and growing business atmosphere, backed by full support of the bank's management and board of directors.
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