MIDBANK has opened its newest branch, Hyper One Sphinx, in New Sphinx City, as part of its strategy to expand its presence and reach across the country. The bank aims to provide the latest banking services to a wide range of customers, in line with the Central Bank of Egypt’s (CBE) plan to enhance financial inclusion and strengthen the banking sector.
The new branch is the first step in the bank’s expansion plan for 2024, and the 19th branch in MIDBANK’s network, which is undergoing rapid growth.
Mahmoud Abou Hussein, Head of the Branch Network, Sales, and Distribution Sector at the bank, said: “We are delighted to open the new branch in New Sphinx City and celebrate with our colleagues and clients. We are working on an expansion plan that will enable us to serve all our current and potential clients across the country. We are also committed to making all our branches accessible to people with disabilities.”
He added that the bank is planning to open more branches throughout 2024.
MIDBANK also reopened a renovated branch in Maadi in 2023 and inaugurated a new branch in Port Said.
