The Banking Executive Magazine - August Issue

Bank NXT Bank NXT LAUNCHES PRIVATE SEGMENT FOR HIGH-NET-WORTH CLIENTS IN EGYPT Bank NXT, a provider of retail and corporate banking solutions in Egypt, has introduced its new private seg- ment, aimed at clients with a mini- mum balance of EGP 20 million or the equivalent in foreign currencies, as per an emailed press release. The private segment offers a set of fi- nancial and non-financial services to support long-term client relation- ships. Each client will be assigned a Rela- tionship Manager and have access to private lounges at selected branches, priority transaction processing, and free account opening and checkbook issuance. Clients will also receive an infinite credit card with a limit of up to EGP 1 million, in addition to loan facili- ties, financing options, and mortgage plans. The segment further includes legal and real estate advisory services, support with government-related procedures, and healthcare benefits such as hospital bookings, wellness club access, and medical checkups. Travel services include airport meet- and-greet, transfers, visa support, and booking assistance for flights and ho- tels. Clients will also have access to leisure options such as spa services and hotel stays. The bank noted that the launch is part of its approach to strengthen client relationships and provide tai- lored services for this segment. the BANKING EXECUTIVE 24 ISSUE 200 AUGUST 2025