QNB Group has acquired the majority stake of the bank during 2013 and its name was changed to
QNB ALAHLI that was founded in Egypt in 1978 and since then it has been expanding its activities to provide impeccable banking services to individuals and corporate clients.
In line with the privatization program that started in 2005, the bank acquired 90%of Misr International Bank stocks at EGP 2.5bn, to be ranked second biggest private bank in Egypt 2011.
The bank established a number of subsidiaries in many specialized fields, contributing to best positioning the bank in Egypt’s financial and banking activities.
QNB ALAHLI Leasing subsidiary established in 1997. It is first-of-a-kind and a leading finance lease entity in Egypt, with a book value of rented assets worth EGP 1.632bn.
QNB ALAHLI Life Insurance Company, established in 2003 to provide a diverse range of products to cater to the clients’ need for saving, under the umbrella of some ultimate programs (Al Rafiq graduation, Al Rafiq wedding, Al Rafiq Retirement, Al Rafiq projects & Al Nokhba Program).
QNB ALAHLI Factoring Company Established in 2012 is a financial institution involved in all types of local and international factoring services. Fully equipped with cutting-edge technologies and experts, providing swift commercial solutions to meet all needs of clients.
QNB ALAHLI enjoys a blend of local experience, based on years of confidence in the Egyptian market, and the international expertise of QNB Group, recently rated among the strongest banks worldwide. QNB Group possesses 97.12% stake in QNB ALAHLI.
QNB ALAHLI vision is based on building long-term ties with clients, providing them with a wide range of products and services, aiming to meet the evolving needs of individuals, corporate, and SMEs.
The bank provides its services for over 970,000 clients and employees more than 6000 professionals in 215 branches covering all the Egyptian governorates. In addition, an expansive network of 450 ATMs and 17000 Point of sale machines are set to serve clients nationwide. Further, a distinctive customer service (Call center) is launched to operate around the clock 7 days a week.