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Ahli United Bank has finalized the move of all its departments this week to the new headquarters in El-Tagamu El-Khames (fifth settlement) which was inaugurated in 2011.
Sources said the bank moved retail banking and investment departments yesterday. The bank’s expansion strategy is based on launching five new branches in 2013 to reach 33 after receiving the Central Bank of Egypt’s approval.
Ahli United Bank Egypt achieved net profit of EGP 195 million in 2011, compared to EGP 164 million in 2010, registering a growth rate of 19% (EGP 31 million).
