The new board of directors of the Suez Canal Bank, headed by Hussein El-Refaie, will complete preparing the bank’s strategy and work plan for the coming period soon in order to begin implementing it in the near future.
El-Refaie told that the new administration aims to expand the bank’s customer base, increase the number of its branches, offer different banking products, and focus more on corporate loans. According to preliminary features of the plan revealed by El-Refaie, the bank will add 10 new branches in 2018 across the republic, including the Suez Canal governorates, to reach 50 branches in Egypt. Moreover, the Suez Canal Bank has seven branches in the Suez Canal governorates, including four branches in Suez and one branch in Ismailia. He stressed that presence in the canal area is one of the prominent targets of the bank.