The Egyptian Gulf Bank (EGBank) conjoined more than 100,000 customers, quadrupled the size of its deposits, and tripled the number of its employees in two years, according to the CEO and managing director of the bank, Nidal Assar. He pointed out that the assets at the bank increased from EGP 11bn—before the development process—to more than EGP 45bn currently. According to Assar, EGBank opened 15 new branches so that at the end of 2016, the total number of branches reached 34. The bank raised its staff number from 650 employees to roughly 1,700 employees, and 40% of the new employees are talented fresh graduates, according to Assar. She added that the most important characteristic of that experience is the bank’s interest in educating young people inside Egypt and abroad.

Source: Daily News Egypt April 02, 2017 16:07 UTC