# AlexBank Bank of Alexandria

> Source: https://docs.barcoder.ai/docs/wallets/alex-bank
> research date 2026-06-01 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [AlexBank — official](https://www.alexbank.com/)

## Overview

**AlexBank Bank of Alexandria** is **Egyptian commercial bank** + **Intesa Sanpaolo Italian parent BIT: ISP ~70% controlling post-Aug 2006 ~€1.6B acquisition + Egyptian National Investment Bank NIB ~17%+** + **one of Egypt's largest commercial banks** <sup>[1][1], [Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup>.

## History

**1957 — Bank of Alexandria founded as Egyptian state-owned commercial bank**.

**Aug 17 2006 — Intesa Sanpaolo Italian parent acquires ~80% controlling stake in Bank of Alexandria from Egyptian government for ~€1.6B** distinctive Egyptian-Italian banking strategic acquisition.

**2014 — AlexBank Mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Bank of Alexandria AlexBank** (Egyptian commercial bank; Intesa Sanpaolo Italian parent + NIB Egyptian state).

**Major shareholders**: **Intesa Sanpaolo (BIT: ISP; Italy's largest commercial bank by assets) ~70% controlling + Egyptian National Investment Bank NIB ~17%+ + Egyptian retail + institutional + foreign investors free float**.

**Regulators**: **Central Bank of Egypt + Banca d'Italia + ECB**.

## Technical integration

AlexBank Mobile app (iOS + Android) + alexbank.com online + AlexBank branch network across Egypt + AlexBank Visa + Mastercard cards; EG IBAN + InstaPay + Meeza QR.

## Implementations & partners

**Intesa Sanpaolo parent**: [Intesa Sanpaolo + isybank](https://docs.barcoder.ai/docs/wallets/intesa-isybank) (Intesa Sanpaolo Italy; BIT: ISP; Italy's largest commercial bank by assets).

**Major Egyptian banking + payments competitors**: [National Bank of Egypt (NBE)](https://docs.barcoder.ai/docs/wallets/nbe-egypt) (National Bank of Egypt NBE; Egyptian state-owned commercial bank; Egypt's largest commercial bank by assets) + [Banque Misr (BM Online + onebank)](https://docs.barcoder.ai/docs/wallets/banque-misr) (Banque Misr; Egyptian state-owned commercial bank; Egypt's #2 commercial bank by assets) + [CIB (Commercial International Bank Egypt)](https://docs.barcoder.ai/docs/wallets/cib-egypt) (CIB Commercial International Bank Egypt; EGX: COMI + LSE: CIB; Egypt's largest private commercial bank by assets + market capitalization) + [QNB AlAhli](https://docs.barcoder.ai/docs/wallets/qnb-alahli) (QNB AlAhli; QNB Group Qatar parent Egyptian subsidiary; one of Egypt's largest private commercial banks) + [Banque du Caire (Egypt)](https://docs.barcoder.ai/docs/wallets/banque-du-caire) (Banque du Caire; Egyptian state-owned commercial bank) + [FAB Egypt](https://docs.barcoder.ai/docs/wallets/fab-egypt) (FAB Egypt; First Abu Dhabi Bank UAE parent Egyptian subsidiary) + [ADIB Egypt](https://docs.barcoder.ai/docs/wallets/adib-egypt) (ADIB Egypt; Abu Dhabi Islamic Bank UAE parent Egyptian subsidiary).

**Regulators**: Central Bank of Egypt + Banca d'Italia + ECB.

## Status

**Active, Egyptian commercial bank + Intesa Sanpaolo Italian parent BIT:ISP ~70% controlling post-Aug 2006 ~€1.6B acquisition + Egyptian National Investment Bank NIB ~17%+ + one of Egypt's largest commercial banks** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.alexbank.com/ "AlexBank — official"
[2]: https://en.wikipedia.org/wiki/Bank_of_Alexandria "AlexBank — Wikipedia"
[eg-cro]: https://docs.barcoder.ai/docs/payments/EG

- [1] [AlexBank — official][1]
- [2] [AlexBank — Wikipedia][2]
- <sup>[Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup> In-corpus: `reports/countries/EG-egypt.md`

## Source

Biography extracted from [alex-bank.md](https://docs.barcoder.ai/source/wallets/alex-bank). See `matrix.md` for standards-support matrix if present.