Export Development Bank of Egypt was established in 1983 for the purpose of boosting Egyptian exports and supporting establishments of agricultural, industrial, commercial and services sectors. Soon after, the Bank became the main funding source of exports operations in Egypt. Through its outstanding performance and policy, based on diversified investments, the Bank was able to grow more and more, and achieve efficiency and a strong financial position. This has helped the Bank to attain the confidence of exporters, owners of small and medium-size enterprises and individuals, in addition to the trust of local and international financial institutions.

The Bank plays a vital role in supporting Egyptian exporters and facilitating the access of Egyptian products to markets worldwide through the extension of finance of export, and import substitution projects to help improving the local production. This goes along with its significant role in participating in syndicated loans and equity participations of these projects. The Bank extends its full-fledged financing and Banking services to exporters and its entire customer base.

To pave the way for Egyptian exporters, the Bank has built a network of correspondent Banks in countries with common interests and economic ties with Egypt. Moreover, the Bank has set up network of branches throughout Egypt to serve the customers wherever they are based.

One of the main business lines and activities of the Bank is the Corporate Banking and Loan Syndication Activities, which roll is to provide necessary finance for export oriented and / or import substitution industries, supporting non-export industries finance requirements and securing necessary foreign currency needs, also to provide necessary finance in the form of loan syndications for various industrial sectors, as well as providing diversified finance packages including medium term loans, short term lending to finance working capital requirements for various economic sectors.

As part of the leading role played by the banking sector in supporting the SMEs sector and providing the appropriate finance. Also, considered as one of the main propellers of the economic growth, as they provide self-employments opportunities thus increasing employment rate as they need relatively low startup capital costs. The Bank maintains a leading position among other banks to tap SMEs sector through signing an agreement in 2005 with IFC, showing interest in supporting and developing the SME’s sector which was reflected in the increase in the Bank’s SMEs portfolio.

Additionally, the Bank is keen to obtain customer satisfaction, through providing a wide variety of banking products and services developed with competitive rates such as: time deposits, saving certificates in various currencies and tenors, different types of mutual funds, saving and current accounts, credit and debit cards, call center as well as e-banking services.

It is worth mentioning that the Bank’s future vision is to provide diversified banking products and services at the level of unique and high quality of the services’ standards which will fulfill all the desires and needs of customers. In order to achieve this vision, the Bank presents all of its activity through widespread network of branches which covers most regions and provinces all over the country, as well as several ATMs located over unique and vital places, commercial centers and branches. Moreover, out of the keenness of the Bank to be present near the customers to easily provide its banking services and diversified products.