QNB Alahli: Best SME Bank Egypt 2019 and Best Retail Bank Egypt 2019

Reforms are helping Egypt’s economy to recover, and Qatar National Bank ALAHLI is part of the success story. QNB ALAHLI is a leading financial institution with a retail-banking client base more than a million strong. QNB ALAHLI clients range from individuals and large corporates to small and medium-sized enterprises (SMEs), and the bank’s tradition of providing quality and service has cemented generational relationships. QNB ALAHLI offers a comprehensive suite of retail banking services through a multichannel platform, including a network of 216 branches and electronic services. This reflects the bank’s spirit of innovation, and ensures secure and convenient account control. Accelerated financial inclusion is a key strategy for sustainable economic growth, and QNB ALAHLI addresses this with products tailored for targeted market segments. QNB ALAHLI offers youth accounts to engage clients at an early age, green loans to finance energy efficient projects, and “pro” packages to support self-employed professionals. Another avenue for fostering economic prosperity lies in its SME support. QNB ALAHLI’s SME portfolio comprises more than 20% of its total lending, and its subsidiaries provide value-added products and services for SMEs’ daily operations. The CFI.co judging panel has followed QNB ALAHLI’s story for a number of years, and believes that the bank’s prudent risk-management has delivered yet another year of strong liquidity and continued growth. The judges unanimously approved QNB ALAHLI’s 2019 award for Best SME Bank and Best Retail Bank (Egypt).