Financial Institutions Sector contains 4 main departments:
- Correspondent Banking: positions BDC' business propositions across the globe through partnerships with over 600+ banks across six continents.
- Non-Banking Financial Institutions: manages BDC' business relations with 170+, insurance companies, microfinance providers, securities brokerages, auto finance, factoring, leasing, Funds, mortgage and e-payments companies.
- Financial Institutions Structured Products Division: acts as a focal point in availing funding channels to BDC in partnership with DFIs & Multilateral Funds.Through conducting direct and indirect lending Syndicated/bilateral loans, FISP serves in sustaining BDC presence in the global market, in addition to offering tailored forfeiting solutions to better serve our clients’ business needs. Further to manage BDC’s relationship with the International rating agencies.
- Remittances: plays a vital role in managing the bank’s relationships with 70+ money transfer organizations worldwide in order to attract Egyptian expatriates’ remittances, a cornerstone of Egyptian economy.