About EGBank
EGBank is a company based in Giza (Egypt) founded in 1981 by Abdel Rahman El Sharbatly, Jawad Bukhamseen, Fahd El Shobokshy, and Salah Mahmoud.. EGBank operates in a competitive market with competitors including CIB Egypt, Banque Misr, Scotiabank, Afreximbank and Crdit Agricole Egypt, among others.
- Headquarter Giza, Egypt
- Founders Abdel Rahman El Sharbatly, Jawad Bukhamseen, Fahd El Shobokshy, Salah Mahmoud
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Annual Revenue
$549.72 M0as on Dec 31, 2024
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Net Profit
$49.5 M0as on Dec 31, 2024
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of EGBank
| 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 |
Investments & Acquisitions by EGBank
| 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 - EGBank
| 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 |
Egbank Comparisons
Competitors of EGBank
EGBank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CIB Egypt, Banque Misr, Scotiabank, Afreximbank and Crdit Agricole Egypt, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking services are provided across Egypt's private sector.
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| domain | founded_year | HQ Location |
Commercial banking services are offered by Banque Misr in Egypt.
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Trade finance and commercial banking services are provided across Africa.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Egypt by this institution.
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| domain | founded_year | HQ Location |
Operates as a commercial bank, offering deposits, loans, and payment services.
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| 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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Latest news on Egbank
Frequently Asked Questions about EGBank
When was EGBank founded?
EGBank was founded in 1981.
Where is EGBank located?
EGBank is headquartered in Giza, Egypt.
What is the annual revenue of EGBank?
Annual revenue of EGBank is $549.72M as on Dec 31, 2024.
What does EGBank do?
EGBank was founded in 1981 in Giza, Egypt, as a commercial bank operating in the financial sector. Core services, including deposits, loans, and corporate financing, are offered to retail and business clients. Operations are centered in Egypt, with headquarters in Giza and an online presence via eg-bank.com. The bank was co-founded by Abdel Rahman El Sharbatly, Jawad Bukhamseen, Fahd El Shobokshy, and Salah Mahmoud.
Who are the top competitors of EGBank?
EGBank's top competitors include Scotiabank, CIB Egypt and Banque Misr.