Like Intesa Sanpaolo, ALEXBANK, has an approach to value creation that prevails in its day-to-day operations and take a long-term approach to sustainably serving the interests of all our stakeholders, including customers, employees, shareholders, suppliers, potential customers, the environment, and the community at large. Our business embraces 1.584 million customers who are served by 4,509 employees. Our community benefits from one of Egypt’s largest distribution networks, with 175 branches and over 377 ATMs across the nation. They also enjoy world-class online, mobile and phone banking services, with a seamless digital access to their accounts 24/7. In 2018, we call a total of five fully accessible branches our own, with more accessible branches planned for 2019.
In 2018, ALEXBANK embarked on a new roadmap for shared value creation, financial inclusion, sustainable finance, environmental sustainability, and social and transparent performance reporting. Pioneering a full-fledged shared value platform based on sustainable community development initiatives, inclusive finance, socially responsible investment, broad-scale financial literacy programs, and environmental sustainability initiatives, the new four-year CSR & Sustainable Development Office Strategy (2018-2021) strengthens ALEXBANK’s efforts toward integrated and sustainable development in the business, environmental and social realms. Our four-year strategy is in line with Egypt Vision 2030, Intesa Sanpaolo Group’s Business Plan (2018-2021), our Code of Ethics, UN Global Compact Principles, Equator Principles, and the and the SDGs.
The four dimensions of our Strategy are:
- Financial Inclusion and Sustainable Finance
- Economic Development, Social Innovation and Education
- Environmental Sustainability
- Employee Engagement
In 2018 alone, our CSR and Sustainable Development initiatives benefited more than 30,000 citizens.