Profile:
Banque Misr was established in 1920 by the pioneer economist Mohamed Talaat Harb Pasha, who came up with the concept of investing national saving and directing them towards economic and social development and thus Banque Misr became the first bank to be wholly owned by Egyptians.
Since 1920, Banque Misr has been concerned with the establishment of companies in various fields, including spinning and weaving, insurance, transportation, aviation and cinema, and has continued to support all its activities at a steady rate, Banque Misr currently owns equity in 220 projects including financial, industrial, tourism, housing, Agri and food, general service, in addition to projects in the field of communication and information.
Banque Misr has also established major investment funds in Egypt as a part of a diversified portfolio, and has been granted an award by the Global Finance Treasury and Cash Management Awards, as the 'Best Provider of Money Market Funds in Middle East for the year 2008 and 2012' and 'Best Provider of Money Market Funds in Africa and the Middle East for the year 2009 and 2010.
Banque Misr was the first and only Egyptian bank on the list amongst the top leading arrangers for syndicated loans, as the bank has shared a lead position in Q1/2012, as the best arranger of project loans in Europe, Middle East and north Africa. Also, Banque Misr has maintained its outstanding performance, ranked the second amongst banks managing and marketing syndicated loans in the Middle East and north Africa, same period.
A true pioneer in the region, Banque Misr became the first bank in Egypt and North Africa to become compliant with PCI data security standards, upon obtaining the global Payment Card Industry Data Security Standard 1.2.1 (PCI DSS 1.2.1) certification. Utilizing the latest technology in the banking sector, Banque Misr is constantly looking to expand customer access to banking services. Today, Banque Misr is proud to offer one of Egypt's largest ATM networks