Regulatory Alerts2016-03-23
A circular dated March 23, 2016 regarding the maximum term for the chief executive officer in banks.
3. Branches of the International Cooperation Bank in Egypt: The Arab Republic of Egypt has established a total of **9 branches** for the **International Cooperation Bank of Egypt (Al-Ahli Bank)**, and there is an additional branch specifically dedicated to foreign exchange transactions. These branches are distributed throughout different Egyptian governorates, and their main goals are to finance various development projects and provide financial services to both individuals and institutions. Below is a list of all the branches in Egypt: 1. **Cairo Head Office** 2. **Alexandria Branch** 3. **Gharbia Branch (Al-Mahalla Al-Kobra)** 4. **Giza Branch** 5. **Qalubia Branch (Al-Matariya)** 6. **Sharqia Branch (Zagazig)** 7. **Dakahlia Branch (Damietta)** 8. **Suez Canal Branch (Port Said, Ismailia, Suez City)** 9. **New Valley Governorate Branch** 10. **Foreign Exchange Branch** In addition to these branches, there is also a branch specifically for **foreign exchange transactions**, which operates under the name **"Egyptian Export and Import Company"**. This branch focuses on facilitating foreign trade and providing financial services related to importing and exporting goods. It's headquartered in Cairo and operates throughout Egypt, with branches located in major ports like Alexandria, Port Said, Suez, and Ismailia.