Societe Arabe Internationale De Banque S.A.E.

Societe Arabe Internationale De Banque S.A.E. (EGX: SAIB) was established in March 1976 as the first joint Arab Bank operating in Egypt. The bank posted 69% year-on-year higher net profits at $20.54 million in the first half of 2024, demonstrating strong financial performance in Egypt’s banking sector. In 2023, Mr. Afdal Naguib was appointed to be CEO & Managing Director for Bank Saib, bringing extensive banking experience from his previous roles across multiple financial institutions. The bank operates through a network of 21 branches located across Egypt and abroad, providing comprehensive retail, corporate and investment banking services.