The increase in the sector of the Suez Canal Bank to 43 branches
Outdoor Hussein reef, chairman and managing director of Suez Canal Bank and a group of leaders of the two branches of the bank in the first section of the field Dokki in Giza and the second region branch Glemp in Alexandria, bringing the number of branches 43 branches as part of expansion plan target by the Bank for distribution the level of cities and districts of the republic.
Said Hussein Reef said that the opening of new branches expands access to the largest segment of new customers in the Bank's strategy, within the central bank to support the initiative of financial inclusion and the strengthening of citizens in the services provided by the banking system, the trust instructions, and then the implementation of the state plan for sustainable development in accordance with Egypt's strategy until 2030 by the consideration of citizens, by virtue of these development plans.
Chairman and managing director of Suez bank channel that the bank is interested in enhancing the digital services, it works to enhance advanced digital banking services to facilitate its customers, offering banking services through direct debit cards, credit cards and sophisticated electronic purse and online banking and website, and also through the call center, taking into account that these new services have been recognized by a significant part of customers, especially young people.
As well as the Suez Canal Bank to carry out the necessary procedures for the development of systems of ratification of transactions relating to all payment cards belonging to any of the international payment systems using Bmsrva on government acceptance channel (POS / electronic) sites in the annex to the completion of the necessary tests with the Egyptian Banks company,
He said that Hussein reef, the bank seeks through its network of branches scattered across the country, to provide better services for customers, including the expansion of small and medium-sized enterprises and micro-small portfolio to include marginalized groups in order to support the country plans providing jobs for young people and women, in particular in remote areas, as well as the development and improvement of individuals, entry-level elimination of unemployment and poverty.
Rifai said that the Suez Canal Bank to obtain higher loans and advances to customers portfolio by the end of last year to a record 13.5 billion pounds, up 32% over 2017, recorded 10.2 billion pounds, adding that the increase was due to portfolio growth of corporate loans and joint loans for summe- billion pounds.
Reef said that these figures are reflected in the bank's net profit for the last two years to record 420 million pounds after it was 210 million in 2016, due to the expansion of actions taken by the Bank and the diversification of its activities in the previous periods.