First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, unveiled the opening of its newest branches located in Banha City, Qalyubiyya Governorate. The inaugural event marks the opening of the bank’s 65th branch, underscoring its dedication to enhancing its network and advancing geographical reach. The expansion aligns with the bank’s overarching strategy aimed to strengthen local presence and offer innovative solutions relevant to the local community.
Situated strategically in the central district of Banha City, the new branch occupies a pivotal position within Egypt’s transportation network. Banha City serves as a crucial junction for railways heading north from Cairo and hosts a substantial population. This expansion by FABMISR reinforces the bank’s role as a trusted partner in fostering economic growth and sustainable development in Egypt.
On this occasion, Mr. Mohamed Abbas Fayed, Chief Executive Officer and Managing Director of FABMISR, stated: “The inauguration of our new branch in Banha underscores our steadfast commitment to implementing strategic geographical expansion across various governorates. Through this addition, we aim to enhance our footprint in Qalyubiyya Governorate by providing a diverse and comprehensive array of banking services. Such endeavors align closely with our unwavering dedication to delivering services of the utmost caliber. This branch stands as a testament to our position as a pioneering financial institution in the Egyptian market, catering to the diverse needs of both our individual and corporate clientele.”
The inauguration of the new branch in Banha marks a significant strategic milestone for FABMISR. This step is part of the bank’s expansion plan to facilitate integrated banking services across governorates.