# Bank Audi Egypt

> Source: https://docs.barcoder.ai/docs/wallets/audi-egypt
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Audi Egypt — historical](https://www.bankaudi.com.eg/)

## Key details

- **Launch:** 1978

## Overview

**Bank Audi Egypt** is **Egyptian commercial bank consolidated into FAB Egypt** + **First Abu Dhabi Bank FAB ADX: FAB ~100%+ controlling acquisition Apr 5 2022 + Apr 16 2024 FAB Egypt rebrand absorbing Bank Audi Egypt** + **founded 1978 in Cairo Egypt as American Express Bank Egypt then 2006 Bank Audi acquisition + Bank Audi Egypt rebrand** <sup>[1][1], [Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup>.

## History

**1978 — American Express Bank Egypt founded in Cairo Egypt as Egyptian-American Express joint commercial bank**.

**2006 — Bank Audi acquisition + Bank Audi Egypt rebrand consolidating American Express Bank Egypt into Bank Audi Lebanese parent BSE: AUDI Egyptian subsidiary**.

**Apr 5 2022 — First Abu Dhabi Bank FAB ADX: FAB UAE parent acquires Bank Audi Egypt from Bank Audi Lebanese parent for ~$601M ~100% controlling** distinctive Egyptian-UAE banking consolidation.

**Apr 16 2024 — FAB Egypt rebrand absorbing Bank Audi Egypt into FAB Egyptian commercial banking subsidiary**.

## Ownership & operator

**Operating entity**: **Bank Audi Egypt SAE** (Egyptian commercial bank consolidated into FAB Egypt post-Apr 16 2024 FAB Egypt rebrand).

**Major shareholders**: **First Abu Dhabi Bank FAB (ADX: FAB; UAE parent) ~100%+ controlling**.

**Regulators**: **Central Bank of Egypt CBE + Central Bank of UAE CBUAE via FAB parent (post-Apr 16 2024 FAB Egypt absorption)**.

## Technical integration

Bank Audi Egypt mobile app discontinued + bankaudi.com.eg discontinued (consolidated into fab.com Egypt + FAB Egypt mobile app post-Apr 16 2024 FAB Egypt rebrand) + Bank Audi Visa + Mastercard + Meeza Egyptian national card scheme cards transitioned to FAB Egypt; Meeza national card scheme + Meeza QR (Egyptian national QR payment scheme) + Egyptian Pound EGP domestic transfers.

## Implementations & partners

**Successor entity**: [FAB Egypt](https://docs.barcoder.ai/docs/wallets/fab-egypt) (FAB Egypt; First Abu Dhabi Bank Egyptian subsidiary; FAB UAE parent ~100%+ controlling).

**Major Egyptian banking + payments competitors**: [National Bank of Egypt (NBE)](https://docs.barcoder.ai/docs/wallets/nbe-egypt) (National Bank of Egypt NBE; Egypt's largest commercial bank by assets) + [CIB (Commercial International Bank Egypt)](https://docs.barcoder.ai/docs/wallets/cib-egypt) (Commercial International Bank CIB; CASE: COMI) + [Banque Misr (BM Online + onebank)](https://docs.barcoder.ai/docs/wallets/banque-misr) (Banque Misr) + [QNB AlAhli](https://docs.barcoder.ai/docs/wallets/qnb-alahli) (QNB Al Ahli Bank Egypt; QNB Qatari parent ~95%+ controlling) + [Arab African International Bank (AAIB)](https://docs.barcoder.ai/docs/wallets/aaib-egypt) (Arab African International Bank AAIB) + [HSBC Egypt](https://docs.barcoder.ai/docs/wallets/hsbc-egypt) (HSBC Egypt; HSBC Holdings British parent ~95%+ controlling).

**Regulators**: Central Bank of Egypt CBE + Central Bank of UAE CBUAE via FAB parent (post-Apr 16 2024 FAB Egypt absorption).

## Status

**Integrated into FAB Egypt, Egyptian commercial bank consolidated into FAB Egypt + First Abu Dhabi Bank FAB ADX:FAB ~100%+ controlling acquisition Apr 5 2022 + Apr 16 2024 FAB Egypt rebrand absorbing Bank Audi Egypt + founded 1978 in Cairo Egypt as American Express Bank Egypt then 2006 Bank Audi acquisition + Bank Audi Egypt rebrand** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.bankaudi.com.eg/ "Audi Egypt — historical"
[2]: https://en.wikipedia.org/wiki/Bank_Audi "Audi — Wikipedia"
[eg-cro]: https://docs.barcoder.ai/docs/payments/EG

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

## Source

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