Overview
Bank ABC Egypt offers a full range of banking services to
individuals and corporates. In 2024, Bank ABC Egypt completed its merger with
BLOM Bank Egypt, combining the best of both banks and tripling its market share.
Bank ABC Egypt is a subsidiary of Bank ABC (Arab Banking
Corporation B.S.C.). Bank ABC is an award-winning international bank
headquartered in the Kingdom of Bahrain, supporting individuals, businesses,
multi-national corporates, and sovereigns across five continents, with a rich
and respected legacy spanning over 40 years.
Bank ABC in Egypt, is a subsidiary of ABC Group one of the
largest international banking groups in the Middle East and North Africa with a
presence in 15 countries across the globe.
The bank has 27 retail branches & 83 ATM spread
throughout Egypt. The bank provides a wide range of banking products including
retail banking, corporate banking & SMEs offering a full product mix of
quality products suiting different individual needs.
Bank ABC undertakes a significant level of business in
Egypt, which is a key strategic market for ABC, having established its presence
through the acquisition of Egypt Arab African Bank in 1999 with authorized
capital of 1 billion Egyptian pounds.
The portfolio of products include Personal Loans, Car Loans
Credit Cards, Visa Electron, and all types of deposits like current accounts,
saving accounts, time deposits and saving certificates., correspondent banking,
as well as treasury products.
ABC Egypt's financial statements ended 30 June 2024,
revealed an increase in the retail deposit portfolio at a growth rate of 19.20%
and an increase of EGP 2.58bn during the first half of 2024.
The size of the bank's retail deposit portfolio was about
EGP 16.04 bn by the end of June 2024, compared to EGP13.45 bn by the end of
December 2023.
The total corporate deposit portfolio increased by 10.08% and
increased by EGP 4.47 bn during the first half of this year, reaching EGP 48.32
bn by the end of June 2024, compared to 44.32 bn by the end of December 2023.
The Bank's total deposit portfolio rose by 12.20% and an
increase of EGP 7.05 bn during the first half of this year, registering EGP
64.83 bn by the end of June 2024, compared to EGP57.77 bn by the end of
December 2023.
The demand deposits increased with a growth rate of 3.67%
and an increase of EGP 750 mn during the first half of this year, recording EGP
21.17 bn by the end of June 2024, compared to EGP20.42bn by the end of December
2023.
The portfolio of Time Deposits rose at a growth rate of
18.28% and an increase of EGP 4.49 bn during the first 6 months of this year,
registering EGP 29.04 bn by the end of June 2024, compared to EGP24.55bn by the
end of December 2023.
The saving deposits and certificates deposits portfolio
surged by 9.66% and an increase of EGP 654 mn during the first half of this
year, registering EGP 7.42 bn by the end of June 2024, compared to EGP6.77 bn
by the end of December 2023.
CAREERS
Bank ABC’s vision
is “To become a leading Universal Bank in MENA that delivers superior
shareholder returns, provides distinctive service and products to its customers
and is able to attract, develop and retain top talent.”
We firmly believe that
we are only as good as our people are. We are committed to our vision of
ensuring that we continue to be “The Bank of Choice” for both our customers
and employees.
Bank ABC provides a
wide range of banking services including Wholesale Commercial and Corporate
Banking, Treasury, Islamic Banking, Retail Banking, Trade Finance Services
through offices covering countries in the Middle East, North Africa, Europe,
the Americas and Asia.
If you would like to
join a trustworthy, highly regarded institution, please complete HR Application
form and send your resume stating the reference job vacancy number:
Bank ABC Egypt is currently looking for fresh graduates who have a genuine passion for banking to join our growing team.
The graduates will join various teams across our different bank departments. Their responsibilities will vary depending on the role they have been allocated to.
Job Requirements:
• Graduates with a Bachelor’s Degree in Commerce or Business Administration with a minimum grade of Good.
• From 0 to 2 years of experience.
• Good team players with the ability to work in a collaborative and team-oriented manner with other teams.
• Very good written and oral communication.
• Very good English is a must.
• Very good in Microsoft Office ( Word, Excel, PowerPoint )
For further
information, please contact:
Recruitment Department
Bank ABC (Arab Banking
Corporation) – Egypt
Street 90 (North) - Plot Number:B-39, Fifth Settlement, New Cairo