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Founded in 1980 with the far-sighted vision of several reputable Egyptian businessmen, Al Watany Bank of Egypt was established pursuant to the law number (93) of 1974.

Successfully growing in the footsteps of a promising economy, AWB gradually established its reputation as the leading bank for the medium-sized institutional segment within the market.

In 2007, in light of Egypt's broad-based economic growth and improving business environment, structural reforms and rapid FDI inflows energized the Egyptian economy, with several regional and international financial institutions now interested in operating in Egypt. Accordingly, National Bank of Kuwait (NBK) - the best bank in the Middle East and highest rated by international rating agencies - acquired AWB to start operations in Egypt for the first time, which marks a new milestone in the regional expansion of NBK.

AWB finally reached a capital of L.E 1 billion in 2008, while the number of branches reached 39. All branches are strategically located in the most vibrant spots across the country, from Cairo and Alexandria, to Giza, Mansoura and Sohag.