The Financial Institutions (FI) Sector is at the core of the International Banking Group, acting as the focal point of contact for local and international financial institutions working with EBank. The sector’s main objectives include building and enhancing strong correspondent relations worldwide, extending Global country limits with a particular interest in the African export markets in coordination with the Egyptian government strategy to boost Egyptian exports, acquiring new trade finance business opportunities, and maintaining/procuring sources of foreign currency funds with various tenors at competitive rates.
The sector provides a package of products and services including trade finance, funded and unfunded risk participation, bilateral loans and funding arrangements, syndicated loans, payments facilitation, tailored/structured solutions, among others. These services contribute directly in maximizing the bank’s operational profits, as well as diversifying the bank’s risk exposure, and, most importantly, facilitating our clients’ business dealings, requirements and satisfaction..
The sector manages its correspondent credit relations through dedicated and experienced teams divided regionally as follows:
- Americas & Asia team
- International Financial Institutions (IFIs) & Europe team.
- MENA Region team
- Africa & Business Development team
- FI Credit Assessment team.
In addition to procurement funds, the FI sector works on relaying technical assistance programs from international institutions such as European Investment Bank (EIB) and other multilateral donors for capacity building applying best practices across all business units.