About Al Watany Bank
Al Watany Bank was established in 1980 and is headquartered in Giza, Egypt. Operations are conducted in the financial sector, where standard banking services such as deposits, loans, and account management are provided to clients. The banks activities are centered in Egypt, with an online presence maintained through the domain alwatany.net. Limited public details are available regarding specific expansions or product ranges.
- Headquarter Giza, Egypt
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
National Bank of Kuwait
(Aug 14, 2007)
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Funding Insights of Al Watany Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Al Watany Bank
Al Watany Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Bank of Kuwait. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Commercial bank
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Al Watany Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Al Watany Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Al Watany Bank Comparisons
Competitors of Al Watany Bank
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Al Watany Bank
When was Al Watany Bank founded?
Al Watany Bank was founded in 1980.
Where is Al Watany Bank located?
Al Watany Bank is headquartered in Giza, Egypt.
What does Al Watany Bank do?
Al Watany Bank was established in 1980 and is headquartered in Giza, Egypt. Operations are conducted in the financial sector, where standard banking services such as deposits, loans, and account management are provided to clients. The banks activities are centered in Egypt, with an online presence maintained through the domain alwatany.net. Limited public details are available regarding specific expansions or product ranges.
Who are Al Watany Bank's investors?
Al Watany Bank has 1 investor. Key investors include National Bank of Kuwait.