Mohamed El Dib, Chairman & MD, QNB ALAHLI: Thinking Laterally and Literally About Egypt’s Financial Future

QNB ALAHLI is one of Egypt’s leading financial institutions, established in 1978 and ranked in 2020 as the country’s second-largest private bank. Mohamed El Dib is its Chairman & Managing Director.

The full-service organisation operates around diversified business lines serving corporate clients, SMEs, individuals, professionals and financial institutions through a range of products. Over the years, the bank has also established subsidiaries in specialised fields — leasing, life insurance and factoring.

QNB ALAHLI provides services for more than a million clients, served by 6,700 dynamic teams, and supported by a multinational platform and 227 branches across all Egyptian governorates. An expansive network of 487 ATMs and 24,000 point-of-sale machines serves clients around the nation.

A customer call centre operates around-the-clock, seven days a week. This focus on corporate social responsibility — and the bank’s awareness of the link between social development and organisational success — has driven QNB ALAHLI to participate in charity projects allied with its group values, goals and principles.

QNB ALAHLI has maintained its status as a major player in the Egyptian market and has been consistently able to demonstrate growth in loan/deposit portfolios, market share and returns. All the while, it has maintained sound asset-quality and cost ratios.

QNB ALAHLI provides dedicated products for corporate banking, financial advisory, project financing, structured financing, trade financing, cash management, and foreign exchange. With competitive offerings, QNB ALAHLI has established enduring bonds with corporate customers — whether large domestic organisations, subsidiaries of multinational companies, midcaps, or SMEs.

In the SME sector, QNB ALAHLI applies a business model supported by dedicated business lines offering specialised programmes: consulting, financing, and services. It was the first large bank to achieve its Central Bank of Egypt (CBE) target a year ahead of target. The SME loans portfolio is 23 percent of total (exceeding the CBE status requirement of 20 percent).

In the retail space, QNB ALAHLI has managed to capitalise on the bank’s position as a pioneer. It adapted its market segmentation approach to structure products and solutions for individual requirements, with a personalised response and a variety of payment solutions.

QNB ALAHLI employs its resources to support and develop the Egyptian economy by expanding its services coverage and promoting financial inclusion.