National Bank of Egypt (UK) Limited latest to join Dormant Assets Scheme

RFL welcomes National Bank of Egypt (UK) Limited as its newest main scheme participant. National Bank of Egypt (UK) Limited is a British Bank with significant connections with Egyptian Markets worldwide. Its origins date back to 1898, and it is one of the oldest banks operating in London. As it is the only Egyptian owned bank in the UK, it is well placed to provide services to clients engaged in business in the two countries offering multi-currency products and multi-lingual service support.

“It is National Bank of Egypt (UK) Limited’s aim  to reunite our customers with their funds however where we have not been able to do this it is very important that as part of our Environmental, Social and Corporate Governance (‘ESG’)  legally dormant account funds where possible are utilised to support good causes in our society and by working with the Reclaim Fund we have found a partner to support us in this strategy.”

Mark Hyde , Chief Operating Officer, National Bank of Egypt (UK) Limited