Under the umbrella of ALEXBANK’s CSR strategy

Out of its belief in the importance of community development, ALEXBANK -Intesa Sanpaolo- successfully provided access to clean water for 100 houses as well as developing full sewer system of 50 other houses. Roberto Vercelli, ALEXBANK Managing Director and Chief Operating Officer stated "ALEXBANK’s approach towards social responsibility is much more than mere philanthropy or statements in our annual reports; it is about the effective contribution the bank makes towards people’s lives. We believe it should be considered a core pillar of our bank. We have collectively undertaken a significant role in the sustainable development of villages and under privileged areas” Over the past years, ALEXBANK has launched several Corporate Social Responsibility initiatives, especially in the Healthcare sector such as supporting the 57357 Children Cancer Hospital, Magdy Yacoub Heart Foundation, Abu Reesh Hospital, Al Anfoushy Hospital and the Hope village for street children as well as the Breast Cancer Foundation of Egypt and the Kasr el Aini Fetal Unit.