Latest in Highlight
Bloomberg awards the bank for being the best in marketing joint loans and financing projects in Africa for the third consecutive quarter
Banque Misr allows companies to pay their due payments to the government from their workplaces via the internet, using the Corporate Payment Service technology.
21% increase in loans and bank deposits until end of June 2015, over 50% increase in profits, says El-Etreby
El-Etreby added that the FEB has adopted an initiative under the name of “You must have a bank”, with support from the Central Bank of Egypt (CBE)
The number of banking consumers in Egypt ranges between 10 million to 11 million persons, against about 54 million citizens who have the right to vote, said Mohamed El-Etreby, Chairman of Banque Misr and member of the Federation Of Egyptian Banks (FEB). El-Etreby added that financial inclusion is no longer optional, but rather a necessity …
The bank added that its branches in both the UAE and France also sent the files to the central banks in these countries on time.
New Suez Canal Project amazed the world by funding and implementation in record time
Donations ranged between $250,000 and $1m, the official noted
Banque Misr stresses its keenness on contributing to all projects that encourage science, support Egyptian talents and contribute to the development and renaissance of the community.
The federation also includes four representatives OF real estate companies affiliated to the banks
The project’s implementation period was from 2012 to 2015. It aimed to improve the quality of life of residents of these villages through education, health, economy and culture.
Egypt’s first bank, Banque Misr was established by Talaat Harb
The bank’s contributions in social responsibility are focused on several axes that include health, education and youth, as youth are considered leaders of the nation’s progress.
The bank supplied this branch with all modern equipment to guarantee an outstanding service level for the customer and to help them save time, especially after applying the e-linking system between all the bank’s branches.
Loan will be directed to pay part of EGPC’s dues
Bank provided loan worth $90m to EEHC for emergency plan to solve electricity crisis in summer of 2015
The loan will be used for financing a project in the North Coast and has been signed with Banque Misr and AAIB
Bank is launching lease company and 15 new branches for Islamic services, says Eletreby
The official further noted that the bank is currently studying funding a further 15 clients in the SME sector with EGP 100m.
Banque Misr Foundation developed 34 medical units in university hospitals, developing 14 villages and informal areas
Bank participated in developing villages and slums in 15 villages
Banks should adopt developed technological infrastructure that aim to develop communication channels with customers, says head of retail
Bank assets to reach EGP 15bn after the approval it received from the CBE
Bank Misr, Crédit Agricole, Banque Misr also among market leaders for treasury bills and bonds
New maximum wage sets wages at 50% less than original wages, resigned NBE official says
Meeting to be held soon regarding payment of outstanding EGP 1.6bn owed to banks, says minister
Education technology is top company priority in Egypt, says Intel’s Egypt executive Al-Fatih
By Omar Khedr There appears to be no limit to the possibilities that come from combining the internet, social media, and ground-breaking innovations to achieve significant changes across the globe. It is a movement that is restructuring government institutions, revolutionising how news is delivered, and forging entire new commercial industries. Eager to capitalise on this …
The Central Bank launched a mortgage financing initiative in April with EGP 10bn for mortgage financing activities. The funds could be used to finance housing for low- and medium-income individuals with concessionary terms for a period of 20 years.
The bank is one of several supporting the construction of 10,000 housing units for low- and middle-income Egyptians under a Central Bank of Egypt initiative