Sherif Elwy, Vice Chairman and Managing Director, Arab African International Bank

Egyptian banks turn to small businesses, digital interfaces and the wider region

7 August 2019

In this Global Platform video, Sherif Elwy, Vice Chairman and Managing Director of the Arab African International Bank, discusses a suite of structural changes and asset trends in the Egyptian banking system. Elwy goes on to assess the rich growth potentials that, alongside regulatory reform and technological disruption, have emerged in several market segments. and presents the means for banks to leverage those opportunities.

Transcript:

Look at the region: the Egyptian banking system is one of the largest. We can think of Saudi and Turkey as fair comparables, given the size of their balance sheets, performances and the size of the economies they operate in. If we compare, you would see that the Egyptian banking system is very solid, and the performance has been very positive.

Sherif Elwy, Vice Chairman and Managing Director, Arab African International Bank

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