Emirates NBD Egypt Wins the Prestigious “Best Bank for Cash Management – North Africa 2025” Award from The Digital Banker

Emirates NBD Egypt has proudly awarded the title of “Best Bank for Cash Management – North Africa 2025” by The Digital Banker a global recognized publication that honors excellence in financial services and digital banking innovation. This prestigious recognition reinforces the bank’s ongoing commitment to delivering advanced, customer-centric cash management solutions. It also aligns with the bank’s strategy to expand its presence in the Egyptian market by offering integrated, innovation-driven banking services, backed by extensive local and regional expertise.
This distinguished award underscores the bank’s continued efforts in offering seamless, technology-driven cash management services designed to meet corporate clients’ dynamic needs, through Emirates NBD cutting edge digital platform “businessONLINE” that is designed to help corporate customers to manage their cash and liquidity in a secured and most efficient way.
In this context, Amr El Shafei, CEO and Managing Director of Emirates NBD Egypt, stated: “We are honored to receive this esteemed award, which stands as a true testament to the effectiveness of our strategy and our pivotal role in supporting corporate growth across Egypt and the region. Our ambitious strategy and continued investment in digital transformation have enabled us to create real value for our customers and stay ahead of rapid changes in the financial sector.” He added: “At Emirates NBD Egypt, we remain focused on driving further growth by accelerating digital transformation and offering smart cash management solutions tailored for corporates, reaffirming our leadership in the Egyptian banking sector and our position as a trusted financial partner”.
Tamer Ragheb, Head of Corporate and Institutional Banking at Emirates NBD Egypt, commented: “This recognition is a testament to the dedication of our teams and our deep understanding of evolving business needs. At Emirates NBD Egypt, we take pride in delivering smart, integrated financial solutions that drive our corporate customers’ business growth and financial stability. By working closely with our customers, we provide strategic, tailor-made financing models that empower their ambitions and help them achieve long-term, sustainable development impact.”
In addition to this accolade, Emirates NBD Egypt received an additional award recognizing its excellence in digital transformation, the “Outstanding Digital CX – Mobile Banking – Egypt” award, from The Digital Banker. This honor highlights the bank’s ongoing efforts to deliver a smooth and secured mobile banking experience through its mobile application, driven by continued investments in technology infrastructure and enhanced digital capabilities to meet evolving customer expectations and ensure seamless banking services.
These achievements are underpinned by the bank’s strong financial performance in 2024, during which the bank recorded an exceptional 64% growth in net profit, reaching EGP 5.3 billion. Additionally, net trading income recorded a remarkable growth of 192% compared to the previous year, demonstrating the bank’s resilience and operational efficiency in delivering robust financial performance. Building on this success, the bank maintained its positive momentum in the first quarter of 2025, achieving EGP 1.4 billion in net profit, compared to EGP 1.1 billion in the same period of 2024, marking a 31% increase. Net interest income also rose by 16% to reach EGP 3 billion, compared to EGP 2.6 billion in Q1 2024, a testament to the bank’s consistent and sustainable performance in Egypt’s banking landscape.
Since entering the Egyptian market in 2013, Emirates NBD Egypt has firmly established itself as a trusted financial partner, leveraging its deep regional expertise and a forward-thinking strategy to drive economic growth. The bank offers an integrated suite of financial services tailored to meet the evolving needs of businesses in line with emerging industry trends. As of March 2025, the bank operates a robust network of 62 branches and approximately 338 ATMs across the country, ensuring accessibility to customers nationwide. As the financial sector continues to evolve, Emirates NBD Egypt remains steadfast in its mission to deliver innovative solutions that create tangible and positive impact for its customers, reaffirming its pivotal role as a leading banking institution actively contributing to Egypt’s Vision 2030 and sustainable economic growth.