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History

Banque Misr 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 towards economic and social development. Thus, Banque Misr was established as the first wholly Egyptian - owned bank.

 

Since its establishment, Banque Misr has founded a lot of companies in various sectors, including: Textiles, Insurance, Transportation, Airlines, Entertainment and Cinema. The bank also kept supporting the banking and investment activities, Banque Misr now owns a big share in 159 companies that work in financing, tourism, housing, agriculture and food in addition to another companies in the communications and information technology sector. 

 

Banque Misr has also established major investment funds in Egypt, as part of a diversified portfolio, and was granted an award by the Global Finance Treasury and Cash Management Awards as the ‘Best Provider of Money Market Funds in Africa and the Middle East’ for the years 2009 and 2010 and the ‘Best Provider of Money Market Funds in the Middle East’ for the years 2008, 2012, 2013, 2014 and 2015. The bank was also awarded as the ‘Best Provider of Money Market Funds and Short-Term Investments in the Middle East’ in 2015, 2016, 2017 and 2018.

 

BM was also recognized as best Mandated Lead Arranger in the Egyptian banking market in Bloomberg’s Global Syndicated Loans League Tables for the third quarter of 2018, and was ranked second top Bookrunner. It was also ranked the fourth top Mandated Lead Arranger across Africa.

 

Moreover, on the scale of the Middle East and North Africa region, Banque Misr ranked at seventh place among Bookrunners and 13th among Mandated Lead Arrangers in the MENA region for the third quarter of 2018.

 

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 latest version of the global Payment Card Industry Data Security Standard (PCI DSS 3.2) 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, located across all areas of Egypt.

 

Banque Misr’s role is visible in all economic fields due to its geographic outreach. The bank has about 14,500 employees, serving a large base of more than eight million clients in Egypt, with a total paid-up capital amounting to EGP 15 billion.

 

The bank has about 620 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 and Russia and a global network of correspondents.

 

 

Our beliefs

 

Our Mission:

 

Excellence in fulfilling all of our customers' banking needs, maximizing the value of shareholders, inspiring employees' loyalty and  playing a leading role in the prosperity and development of Egypt.

 

Our Values:

 

·         Integrity

·         Customer Service

·         Excellence

·         Team Work

·         Accountability

·         Innovation

·         Sense of belonging

 

Our Vision:

 

Our distinguished performance guarantees us the leadership we deserve