Wallets/adib-egypt
ADIB Egypt
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Overview
ADIB Egypt is ADIB UAE parent ~52.6% controlling + Egyptian Islamic commercial bank + EGX: ADIB + one of Egypt's largest Islamic commercial banks 1, Egypt report.
History
1980 — National Bank for Development NBD Egypt founded distinctive Egyptian commercial banking heritage.
Apr 7 2007 — ADIB UAE acquires majority controlling stake of National Bank for Development NBD Egypt + rebrands to ADIB Egypt distinctive UAE-Egyptian Islamic banking acquisition.
2009 — ADIB Egypt EGX IPO under ticker ADIB distinctive Egyptian Islamic banking listing.
2014 — ADIB Egypt Mobile Banking app launch distinctive Egyptian Islamic mobile banking strategy.
Ownership & operator
Operating entity: Abu Dhabi Islamic Bank Egypt S.A.E. (EGX: ADIB; ADIB UAE parent ~52.6% controlling; Egyptian Islamic commercial bank).
Major shareholders: Abu Dhabi Islamic Bank ADIB UAE (ADX: ADIB; UAE Islamic commercial bank) ~52.6% controlling + Egyptian retail + institutional + foreign investors.
Regulators: CBE (Central Bank of Egypt) + ADIB UAE Sharia Board.
Technical integration
ADIB Egypt mobile banking app (iOS + Android) + adib.eg online + ADIB Egypt branch network across Egypt + ADIB Egypt Visa + Mastercard + Meeza cards; InstaPay (IPN) + Meeza.
Implementations & partners
ADIB Group: Abu Dhabi Islamic Bank (ADIB) (Abu Dhabi Islamic Bank ADIB UAE; ADX: ADIB; UAE's largest Islamic commercial bank + ADIB Egypt parent post-Apr 7 2007 ~52.6% acquisition).
Major Egyptian banking + Islamic banking competitors: National Bank of Egypt (NBE) (National Bank of Egypt; Egypt's largest state-owned bank by assets since 1898) + CIB (Commercial International Bank Egypt) (Commercial International Bank Egypt; EGX: COMI; LSE: CBKD; Egypt's largest private bank by market cap) + QNB AlAhli (QNB Alahli Egypt; QNB Group Qatari parent ~99% controlling) + Banque Misr (BM Online + onebank) (Banque Misr; Egyptian state-owned bank since 1920; BM Online + InstaPay (IPN) primary participant) + FAB Egypt (FAB Egypt; FAB UAE parent subsidiary; Egyptian commercial bank) + Banque du Caire (Egypt) (Banque du Caire Egyptian state-owned bank since 1952) + Faisal Islamic Bank of Egypt (Faisal Islamic Bank of Egypt Egyptian Islamic commercial bank) + Al Baraka Bank Egypt (Al Baraka Bank Egypt Egyptian Islamic commercial bank).
Regulators: CBE + ADIB UAE Sharia Board.
Status
Active, ADIB UAE parent ~52.6% controlling + Egyptian Islamic commercial bank + EGX:ADIB + one of Egypt's largest Islamic commercial banks 1, 2.
Sources
- 1 ADIB Egypt — official
- 2 Abu Dhabi Islamic Bank Egypt — Wikipedia
- Egypt report In-corpus:
reports/countries/EG-egypt.md
Source
Biography extracted from adib-egypt.md. See matrix.md for standards-support matrix if present.