Top 50 Listed Companies
In Egypt 2022

28. Export Development Bank of Egypt (EBank)

Sector: Banking and financial services

Deputy Chairman : Ahmed Mohamed Galal

Market value: $136 million

Sales: $318 million

Profits: $37 million

Assets: $3.8 billion

EBank started operations in 1983 to boost Egyptian exports in sectors such as agriculture, industrials, and commerce. In May 2022, the bank increased its capital by 200 million shares, worth $109 million. Its subsidiaries include Egypt Capital Holding, the Egyptian Tourism Development Company, and the Export Credit Guarantee Company of Egypt. State-owned banks control over 75% of EDBE, with the National Investment Bank holding a 40.8% stake, Banque Misr holding 23.1%, and the National Bank of Egypt holding 11.6%, as of March 2022.