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Suez Canal Bank Continues Its Expansion Plans with the Opening of Its Newest Branch in the Zamalek Club Area

Suez Canal Bank Continues Its Expansion Plans with the Opening of Its Newest Branch in the Zamalek Club Area

As part of the expansion strategy aimed at strengthening its geographic presence and providing a wide range of banking services that meet the needs of different customer segments, Suez Canal Bank has opened its newest branch in the Zamalek Club area on League of Arab States Street. The new branch is part of the Bank’s planned expansion across key locations nationwide, in line with Egypt Vision 2030 and the Central Bank of Egypt’s directions to promote financial inclusion and support sustainable development.

The branch opening was attended by a number of Suez Canal Bank’s senior directors, headed by Mr. Shehab Zidan, Deputy CEO and Managing Director; Mr. Tarek Salah, Head of Distribution Channels; Ms. Nour Elzeny, Head of Financial Inclusion, Corporate Communications, and CSR; Ms. Nagham Kandil, Head of Retail Banking; Mr. Adel Abdel Latif, Head of Branch Network; Mr. Walid Omar, 6th of October Area Manager, in addition to a number of the Bank’s executives and branch representatives.

The new branch is located in one of Cairo’s most vibrant areas, strengthening the Bank’s ability to reach a wider customer base and provide banking services to Zamalek Club members, visitors, and residents of the surrounding areas. The branch offers a comprehensive range of banking products and services for both individuals and corporates, meeting their financial and investment needs through the latest digital and technological solutions that help deliver a faster and more efficient banking experience.

Commenting on the opening, Mr. Shehab Zidan said: “The opening of our new branch in the Zamalek Club area marks another step in the Bank’s strategy for planned expansion and strengthening our presence closer to our customers across different governorates. We remain committed to developing and expanding our branch network in line with the latest banking and technological standards, enabling us to provide a banking experience built on innovation, service quality, and easy access.”

It is worth noting that the opening of the new branch in the Zamalek Club area is an extension of the Bank’s recent expansion efforts. Suez Canal Bank has recently opened several new branches, including Rehab Branch in New Cairo, El Ershad Branch in Ismailia, and Sohag Branch in Upper Egypt, bringing the Bank’s branch network to 57 branches across different governorates in Egypt.

About Suez Canal Bank:

Suez Canal Bank is an Egyptian joint stock company established in 1978. The bank’s issued and paid-up capital is EGP 10 billion, with 1,000 million shares, while its authorized capital is EGP 15 billion. The bank offers a wide range of banking solutions and financial services to corporate and retail clients through 57 branches across Egypt and a representative office in Libya, including one Islamic branch, in addition to a network of ATMs and global correspondents.