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Cairo, 8 October 2025:
«ALEXBANK», part of the «Intesa Sanpaolo Group» within the International Banks Division, released its eighth Sustainability Report for 2024, reaffirming its commitment to embedding environmental, social, and governance (ESG) principles into its core strategy and operations. This aligns with the «Intesa Sanpaolo Group’s» elevated sustainability vision and adheres to the Central Bank of Egypt’s (CBE) Sustainable Finance Binding Framework.
Driving ESG Excellence
Themed “Advancing ESG for an Illuminated Tomorrow,” the report highlights the Bank’s continued efforts to deliver value through ESG performance. It complies with the Global Reporting Initiative (GRI) Universal Standards 2021, the Sustainability Accounting Standards Board (SASB), the UN Sustainable Development Goals (SDGs), the Principles for Responsible Banking (PRB), and the United Nations Global Compact Principles (UNGC).
Commitment to Sustainable Growth
Mr. Paolo Vivona, Chief Executive Officer and Managing Director of «ALEXBANK», stated:
“The eighth Sustainability Report for 2024 showcases our steadfast commitment to implementing the ESG framework and advancing sustainable finance in line with the «Intesa Sanpaolo Group’s» strategy. Through our 2024 initiatives, we successfully boosted our sustainable lending portfolio by 30% year-over-year, reaching EGP 1.74 billion, according to the CBE Sustainable Finance Classification. This reflects our dedication to supporting Egypt’s transition to a more inclusive economy.”
Expanding Sustainable Lending
«ALEXBANK» significantly enhanced its sustainable financing portfolio, with environmental lending increasing by 43.57% to EGP 1.127 billion, and social lending rising by 8% to EGP 617 million, alongside other remarkable achievements in financial inclusion.
Supporting a Green and Inclusive Economy
As a trusted financial partner in the Egyptian market, «ALEXBANK» remains committed to driving transformation through advanced sustainable finance solutions that foster a green, inclusive, and resilient economy aligned with national development priorities.
For more information on ESG advancements, explore «ALEXBANK’s» Eighth Sustainability Report for 2024: Link
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