Company: Export Development Bank of Egypt
Country: Egypt
Sector: Regional Banks
CEO: Ahmed Galal (Chairman and Managing Director)
Website: https://ebank.com.eg
Careers Page: https://wuzzuf.net/jobs/careers/Export-Development-Bank-of-Egypt-Egypt-7374
LinkedIn: https://www.linkedin.com/company/export-development-bank-of-egypt
Email: Not publicly listed
Headquarters: Cairo, Egypt
Founded: 1985 (operations commenced February 1985; headquartered in New Borg El Arab region originally)
Valuation/Revenue: $387.5m market value (African Business Top 250, 2025); ~$563m market capitalization on the Egyptian Exchange, ticker EXPA (MarketScreener, 2024/2025)
Export Development Bank of Egypt, known by its brand EBank, is a state-controlled Egyptian commercial bank founded to finance and promote the country’s export sector, particularly small and medium-sized exporters. It is listed on the Egyptian Exchange under the ticker EXPA and today operates as a full-service commercial and corporate bank alongside its original trade-finance mandate.
What Does Export Development Bank of Egypt Do?
EBank provides commercial banking, corporate banking, trade finance and export-promotion lending, historically focused on helping Egyptian companies in agriculture, industry, and services sell abroad. Since a strategic shift around 2005, the bank has broadened its focus to small and medium enterprises (SMEs) more generally, alongside retail and corporate banking products, deposits, credit facilities and treasury services typical of a mid-sized Egyptian commercial bank. As of the most recent disclosed figures, it managed tens of billions of Egyptian pounds in deposits and credit facilities.
How Old Is Export Development Bank of Egypt?
The bank was established by presidential/legislative decree and began operations in February 1985, making it a 40-year-old institution as of 2025. Its authorized capital was increased from EGP 2 billion to EGP 5 billion in 2018 as part of a broader capital-strengthening push across Egypt’s banking sector.
Who Owns Export Development Bank of Egypt?
EBank is majority state-owned. Public disclosures show the Government of Egypt’s stake at roughly 83.69% in aggregate, distributed across state institutions including the National Investment Bank (around 40.75%), Banque Misr (around 23.13%) and the National Bank of Egypt (around 19.8%), according to Wikipedia and MarketScreener data. The remainder, about 16.31%, is free-floated on the Egyptian Exchange.
Who Is the CEO of Export Development Bank of Egypt?
Ahmed Galal (also cited as Ahmed Mohamed Galal in some directories) serves as Chairman and Managing Director of the bank, per the American Chamber of Commerce in Egypt’s membership directory and MarketScreener’s governance data. The board also includes chief operating officer Asem Assad El Attar and several non-executive directors.
How Big Is Export Development Bank of Egypt?
African Business’s 2025 Top 250 ranking placed EBank at number 289 with a market value of about $387.5 million. Separately, MarketScreener data put the bank’s market capitalization at approximately $563 million with around 1,791 employees, and total deposits of roughly EGP 72.7 billion against credit facilities of about EGP 42.8 billion as of the most recently disclosed year-end figures available. Its shares (ticker EXPA on the EGX) have shown strong year-to-date gains in recent trading periods, reflecting Egypt’s broader currency devaluation and inflation dynamics affecting nominal bank balance sheets.
Is Export Development Bank of Egypt Publicly Traded?
Yes. EBank is listed on the Egyptian Exchange under ticker symbol EXPA (ISIN EGS60241C014), though the majority of its shares remain in state hands, limiting daily trading liquidity compared to Egypt’s larger private banks.
Is Export Development Bank of Egypt Legit?
Yes. It is a licensed, EGX-listed commercial bank regulated by the Central Bank of Egypt, with decades of operating history, published audited financials, and formal government ownership. It works with recognized technology partners such as IBM and OpenText on its core banking infrastructure, which is documented in public case studies from those vendors.
How Does Export Development Bank of Egypt Compare to Its Competitors?
As a mid-tier, majority state-owned bank, EBank is considerably smaller than Egypt’s largest public banks, National Bank of Egypt and Banque Misr (which are themselves among its major shareholders), and smaller than leading private players such as Commercial International Bank (CIB). It competes for SME and export-related lending with other specialized and commercial banks operating in Egypt’s trade-finance niche.
Where Is Export Development Bank of Egypt Headquartered?
The bank’s head office is located at 78 South Tesseen Road, Fifth Settlement, New Cairo, Cairo, Egypt, according to MarketScreener corporate data.
How Do I Apply for a Job at Export Development Bank of Egypt?
Vacancies are posted on Egyptian job platforms such as Wuzzuf and Bayt.com under the bank’s name, and periodically through its own corporate website and LinkedIn page.
Links
Website: https://ebank.com.eg
Careers Page: https://wuzzuf.net/jobs/careers/Export-Development-Bank-of-Egypt-Egypt-7374
LinkedIn: https://www.linkedin.com/company/export-development-bank-of-egypt
Email: Not publicly listed
FAQ
Is Export Development Bank of Egypt a real bank? Yes, it is a Central Bank of Egypt-regulated, EGX-listed commercial bank operating since 1985.
Who owns Export Development Bank of Egypt? The Egyptian government, through state institutions including the National Investment Bank, Banque Misr and National Bank of Egypt, holds roughly 84% of shares.
Who is the CEO of Export Development Bank of Egypt? Ahmed Galal serves as Chairman and Managing Director.
Is Export Development Bank of Egypt publicly traded? Yes, on the Egyptian Exchange under ticker EXPA.
How big is Export Development Bank of Egypt? African Business valued it at about $387.5 million in its 2025 Top 250; other market data put its market cap near $563 million.
Where is Export Development Bank of Egypt based? Cairo, Egypt.