aiBANK announce final agreement to purchase the portfolio of letters of guarantee existing at NBG Egypt

Mr. Tamer Mostafa – Senior Group Head for Business and Sustainable Development, signed on behalf of aiBANK, Mr. Ernestos Panayiotou – General Manager of Transformation, Strategy and International Activities and Mr. Christos Christodoulou, General Manager – Group CFO signed on behalf of National Bank of Greece (NBG) Group and Mr. Osama El Fangary – Country Manager and Mr. Tamer Youssef – Head of Treasury, signed on behalf of the NBG Egypt. 

In the presence of Mr. Tamer Seif – CEO and Managing Director of aiBANK, Mr. Hisham Abdel Aal – Deputy CEO Support, Mr. Amr Gamali – Deputy CEO Business, and Mr. Iman Badr – Sr. Director Consumer & Business Banking, as well as a group of leaders from the two banks.

Commenting on this, Mr. Tamer Seif, CEO, and Managing Director of aiBANK, expressed the pleasure of the bank’s management to reach this final agreement, as the portfolio has a distinguished group of prime clients and adds value to the bank. 

Mr. Ernestos Panayiotou, General Manager of Transformation, Strategy, and International Activities at NBG, welcomed this fruitful co-operation between two well-established financial institutions and acknowledged and recognized aiBank’s assistance in sealing this important deal.