aiBANK is now Bank NXT

was established in 1974 as an investment and business bank and commenced its activities under the supervision of the Central Bank of Egypt in 1978 with a capital base of USD 40 million, which was later increased to EGP 1,987 million in 2020. Moreover, as per the decisions of the general assembly held on the 10th of October in 2021, and after the completion of the Bank’s acquisition deal, the Bank received approval to increase its paid-up capital to EGP 5,000,000,003 and adjusted its ownership structure accordingly to accommodate both new and existing investors, as per the following:

At Bank NXT, we are driving change by blending a fresh, optimized outlook with the rich long-held heritage of aiBANK. With an ambitious strategy, Bank NXT reflects the Bank’s new identity of growth, through culture-driven, client-focused, and sustainable offerings.