Notice: In August 2021, Bank ABC Group acquired 99.5% of BLOM Bank Egypt.
BLOM Bank Egypt and Bank ABC Egypt will legally merge in 2022, subject to approvals from concerned regulators in Egypt. During this time, customers will be able to access their accounts and services via BLOM Bank Egypt as usual.
Following the legal merger, the integration of BLOM Bank Egypt and Bank ABC Egypt will commence. Updates will be provided to customers well ahead of any changes.
BLOM Bank Egypt is a commercial bank offering banking and financial services, with a paid up capital of EGP 3000 Million.
It has a branch network of 41 branches covering Greater Cairo, Alexandria, Hurghada, Sharm El Sheikh, Damietta, Port Said, Mansoura, Ismailia, Tanta, El-Suez, El Dakahlia, and EL Minya.
Aiming to become one of the largest BLOM Group entities outside Lebanon, BLOM Bank Egypt has moved into its new state of the art Head Office located on street Ninety in the heart of the developing New Cairo area to meet its growing business needs.
BLOM Bank Egypt’s vision is to be widely recognized in the market by increasing its market share and improving its product offering to provide more value to its clients in the growing Egyptian market, and thus growing our balance sheet. We aim to achieve our objectives with strict control procedures in compliance with local laws as well as an International best practice under the Group’s umbrella.
BLOM Bank Egypt’s products and services include Retail and Corporate/ SME banking, as well as financial institution solutions and services offered by highly trained staff to meet the financial needs of our growing client base.
Information technology and automation are a very important part for our development. The solid infrastructure, we have built, and its continuous enhancement, allows us to grow our service quality as well as the diversity of our delivery channels and products.