Bank Audi plans to expand its footprint in Egypt in 2019. As part of Audi’s nationwide branch expansion plan, nine new branches will be inaugurated in strategic locations mostly outside Greater Cairo to cover more governorates and to reach more diversified segments of customers.
Driven by uncompromising mission to offer the best banking services and financial support, Bank Audi is leveraging the new branches as a way to maintain its valued customers’ satisfaction while extending financial support and adapting promptly and efficiently to clients’ ever-changing needs, Mohamed Bedeir, acting CEO and managing director of Bank Audi Egypt, said.
Bank Audi’s geographical expansion plan aims at reaching various clients’ segments in accordance with the state’s vision and the CBE’s financial inclusion initiative which will in return level up the economic indicators of the state’s economic development.
Noteworthy, Bank Audi entered the Egyptian retail banking market through purchasing the three branches of Cairo Far East Bank in 2006. It has since expanded its network to 47 branches. The new expansion plan will boost its geographical coverage, bringing its branches up to 70 branches.
