The bank is considered among the pioneering banks operating in Egypt in establishing an independent sector for compliance since 2002 to protect the Bank from any noncompliance risks.
A developed policy was ratified for compliance that agrees with the accords of Basel II in this concern, by virtue of which the Head of Compliance was determined together with the appointment of Branch Compliance Officers.
The activity of the Compliance Sector depends on three axes :
Ensure the conformity of business mechanisms, systems and regulations at the Bank with the banking standards and policies and with the laws and instructions issued by the supervisory authorities.
Endorse the principles of governance on sound banking grounds.