The European, throughout the last decade, has been celebrating achievement, innovation and excellence through our annual awards programme. We recognise organisations and individuals that stand out from the crowd, and are consequently moving their industries forward. Good governance, innovation and know-how, and quality of service are all major considerations.
The European would like to congratulate Banque Misr on winning the following titles for our Global Banking & Finance Awards 2024:
Best Banking Brand – MENA
Treasury Management Bank – MENA
Liquidity Management Provider – MENA
Foreign Exchange Banking Provider – MENA
Best Bank for Cash Management – Egypt
Banque Misr (BM) was established in 1920 by the pioneer economist and financial expert Mohamed Talaat Harb Pasha, who spearheaded the concept of investing in national savings and directing them toward economic and social development. Thus, Banque Misr was established as the first wholly Egyptian-owned bank.
Banque Misr has funded many businesses spanning across multiple domestic sectors, such as: textiles, insurance, transportation, aviation, entertainment, and filmmaking. Currently, BM owns shares in 157 companies across different fields, ranging from finance, tourism, housing, agriculture and food, and communication and information technology.
Banque Misr’s role is visible in all economic fields due to its geographic outreach. The bank has more than 20,000 employees, serving a large base of more than 13 million clients in Egypt, with a total paid-up capital amounting to EGP 15 billion.
The bank has more than 850 electronically integrated local branches located nationwide to provide the best and most accessible services to customers. Banque Misr also values its regional and international presence, which includes its five branches in the United Arab Emirates and one in France. In addition, the bank’s international presence includes subsidiaries in Lebanon and Germany, as well as representative offices in China, Russia, South Korea, and Italy and a global network of correspondents.
