Privatization has been advocated as a central part of the Egyptian economic reform program targeted to encourage a more effective participation of the private sector in most economic fields. The paper addresses the Egyptian privatization agenda, the progress of the privatization program, and structure of Egyptian banking system and the privatization of the financial sector. It also examines the pre-and post-privatization performance of state-owned commercial banks in Egypt (Alexandria Bank), using a combination of data for five years before and five years after privatization. In Egypt, the choice between the different methods of privatization is determined on a case-by-case basis. | The performance of privatized financial institutions in Egypt: The case of Alexandria bank
