Financial Times FT.com

Privatisation turns round Egyptian bank

By Heba Saleh in Cairo

Published: August 18 2008 16:07 | Last updated: August 18 2008 16:07

The headquarters of Bank of Alexandria in downtown Cairo exudes old-world elegance. Clients are served in a vast arcaded hall that has marble floors, columns and a vaulted ceiling painted to resemble a blue sky.

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