Continues this year to supporting both sectors, education and health, out of its belief in its role towards the community and out of its CSR activities. This year, the Bank funded Massr El Kheir foundation in the operational and educational costs of five schools in Essna villages – Luxor Governorate, in Upper Egypt. It includes the sports, arts, recreational and cultural activities’ costs, and comes out of the Bank’s keenness in improving the level of education especially in Upper Egypt, where a team from the Bank’s staff visited those schools.
On the health sector, the Bank signed more than one protocol to financially support different health issues and cases, through different foundations, such as Ahl Massr foundation for establishing and furnishing a double room in the Burn and Accidents’ Victims Hospital, including the cost of medical equipment. EBank continued to cover the chemotherapy sessions of breast cancer patients in Baheya Hospital for Early Detection and Breast Cancer Treatment, through the MOU signed with the foundation. A group of the Bank’s employee visited the hospital to psychologically, emotionally and morally support the patients. Moreover, the Bank funded the Hospitals of Assuit University for the renovations of different medial sections and buying the latest medical equipment.
This year, the Bank took a new initiative in support to the agricultural sector in a mega project called “Plant – Collect – Export”, in coordination with Massr El Kheir Foundation. Through this initiative EBank is funding the farmers for planting 50 greenhouses on a 50 hectares land in Luxor, the fund will also covers the training programs for these farmers in order to insure the quality of the products to reach the exports’ standards.
by the Egyptian Banking Institute (EBI),in partnership with the Ministry of Education, the Ministry of Youth, and some international schools, where branches visits, workshops and lectures were conducted to different universities and schools’ students. In this line, the Bank also sponsored and adopted the Egyptian Banking Simulation Model – EBSM, organized by the Faculty of Economics and Political Sciences – Cairo University, where financials and banking informative sessions where conducted at the faculty of commerce in Cairo and Ain Shams Universities.
As part of its role towards the community development and corporate social responsibility, and in order to contribute in solving the unemployment issues. The Bank participated in some employment fairs, such as the annual employment fair organized by the German University in Cairo, as well as the American University in Cairo.
Financial Inclusion and Awareness
In line with CBE Financial Inclusion Initiative, the Bank participated in the initiative, in order to introduce its services and products to a larger and different category and segment of the community. Where the Bank presented these services and products through universities, youths centers and clubs as well as small settlements and communities and promoted the account opening at no opening fees.
Moreover, and in order to disseminate the financial awareness to children and youth The Bank continued to participate in the Global Money Week, for a third consecutive year,
Business Community Support
EBank continues to participate in different activities organized by the chambers of industries and commerce as well as the businesspersons associations; this is through attending or sponsoring exhibitions, forums, seminars, conferences and roundtables, locally and internationally. The Bank usually provides financial support to such chambers and organizations through memberships and participating in their different events in order to remain an active member among these communities. During this year, the Bank was keen to know about all new implications in the fields of international trade and global economy.
In order to develop and improve business relationship with businesspersons and exporters, the Bank, continuously, coordinates with the Ministry of Trade and Industry as well as some specialized centers. The Bank, always, gives priority to introduce itself to local and international business communities, in order to open new markets for Egyptian products and facilitate the process of commercial trade, through (B2B) events organized by these associations. Such as, The American Chamber of Commerce, Canadian Chamber of Commerce, Union of Arab Banks, El Wafaa’ Association, Federation of Egyptian Banks, Egyptian Banking Institute, Egyptian Capital Market Authority, The Egyptian Stock Market Exchange, Misr for Central Clearing, Depositary and Registry, Egyptian Businessmen Association, the Financial Markets Association, British Egyptian Businessmen Association (BEBA) as well as the Arab Investors Union.
In Line with its strategy to introduce the Egyptian export community, mostly manufacturers from different sectors to key export service providers in Egypt. The Bank was keen to participate, for the third year, in the international event “Fruit Logistica”, which was held in Berlin – Germany, under the auspices of the Agricultural Export Council, in order to develop and expand the Egyptian export especially in the food and agriculture sector. The purpose was to help Egyptian exporters expand sales by providing an opportunity for them to meet providers of key export services in Egypt in a “B2B” event, through networking, data-collection and raising awareness about key resources to expand export sales.
Moreover, the Bank participated in Agro-Food exhibition held in Russia, in addition to Gulf Food Exhibition in Dubai organized by the Export Council for Food Industry, where a group of the Corporate Banking and Syndicated Loans as well as the SMEs Sector attended these exhibitions.
EBank this year participated in Uganda and Rwanda Trade Missions in coordination with the Federation of Egyptian Industries, which tackled the obstacles, problems that faces the Egyptian Exports, where the Bank seized this opportunity to present its different services and financial products. B2B meetings were conducted with key governmental African and businesspersons’ figures, this is In line with EBank’s strategy targeting to double Egyptian exports to Africa. Moreover, another trade mission to Ghana were also conducted, in line with Egypt’s strategy for opening trade and economics’ channels with African countries for further foreign cooperation.
This year also the Bank sponsored the annual Cairo International Fair, People and Banks Exhibition as well as the conference of the Egyptian Institutions of Plastic Surgeries, where EBank presented its products and services among these huge events.
Additionally, the Bank this year signed different protocols and MOU such as:
- The Commercial Representation, for helping in creating better investment environment, which encourages exports.
- The Association of SMEs Investors offering all facilities and financial services to their platform.
- El Tadamon Microfinance Foundation, providing funds and financing the small and microfinance projects owned by women granting trade opportunities.
- Different Export councils of various sectors, agricultural, textiles and garments chemical industry, furniture, metal, food industry etc.…out of the Bank belief in its role in participating to the development of the Egyptian Economy, especially in this critical period that the country faces, where the organizations altogether should give a hand to help, creating investment opportunities.
- A protocol with Afrixim Bank, which offers a combination of programs, products and services designed to help Egyptian exporters to boost their exports to the African market and which is considered one of the ways to get the local economy from its crises in order to achieve the desired growth, and a way of exchanging experiences and economic cooperation.
- Sanad to support the Egyptian small and medium size exporters.