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Banque Misr

Egypt’s Banque Misr may launch its first digital bank early 2023

Banque Misr, Egypt’s second biggest state lender, plans to launch its first digital bank in the homeland by early next year, according to its chairman
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EBRD supports Egypt’s green economy with $100m loan to Banque Misr for on-lending to local SMEs

The European Bank for Reconstruction and Development (EBRD) is supporting the green economy in Egypt with a $100m loan to Banque Misr for on-lending to local small and medium-sized enterprises (SMEs).
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Egypt’ Banque Misr opens 1st branch in Kenya

gypt’s second biggest lender, Banque Misr has get a licence to open a representative office in Kenya, pursuing trade finance deals in East Africa and a chance to serve Egyptian firms operating in the…
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Egypt’s Banque Misr seen a growth in net profit by 113% during 18 months

Banque Misr, Egypt’s second biggest state-owned bank announced that it has seen 113 percent growth in net profit to 23.5 billion Egyptian pounds during an 18-month period ended in December 2021.
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Egypt’s NBE, Banque Misr cancel 18% saving certificate, offer new one with 14% return

Egypt’s two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have said on Monday they are suspending the one-year certificate of deposit which was introduced on March 21 with an…
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NBE, Banque Misr garner over EGP679bln from 18% saving certificates till now

The National Bank of Egypt (NBE) and Banque Misr announced that the proceeds of the one-year saving certificates with a 18 percent return amounted to LE 679 billion since it was launched on March 21…
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Banque Misr raises EGP 87 billion from high-yield certificates in 8 days

Egypt’s second-largest state lender Banque Misr has collected 87 billion pounds ($4.75 billion) from the high-yielding savings certificates it introduced eight days ago, said chairman Mohamed…
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NBE, Banque Misr collect EGP 13bn on 1st day of new saving certificates

The National Bank of Egypt (NBE) and Banque Misr registered over EGP 13 billion on the first day of issuing saving certificates at an annual interest rate of 18%, according to media reports.
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Gulf banks offers $250 million loan to Banque Misr

A consortium of Gulf banks, including Saudi Arabia’s Al Ahli, UAE’s Abu Dhabi Commercial Bank and Emirates NBD, and Qatar’s Khaleeji Commercial Bank, will jointly offer a loan of $250 million to…
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Foreign Ministry, Banque Misr, e-finance cooperate for digital transformation strategy

Minister of Foreign Affairs Sameh Shoukry, Chairperson of Banque Misr Mohamed Al-Etreby, and Chairperson of e-finance Ibrahim Sarhan witnessed the signing of a tripartite agreement between the three…
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