On May 2nd, 2019 National Bank of Greece S.A. entered into an agreement to transfer its retail and corporate banking business in Egypt to Bank Audi S.A.E.
The completion of the transfer is subject to receipt of regulatory approvals, including the approval of the Central Bank of Egypt.
Customers are not required to do anything as part of the transfer, and on the date of transfer, their account(s) and agreements will automatically transfer to Bank Audi S.A.E. in accordance with the terms and conditions of those agreements and/or applicable to those accounts.
For now customers can continue to use the existing National Bank of Greece in Egypt branches and will be informed if there will be any changes to the branch network they will be able to use after the date of transfer.
A customer information leaflet with further details on the transfer will be made available on the National Bank of Greece in Egypt’s website www.nbg.com.eg in due course.