Banque Misr is considered one of the main pillars for national industrial and economic development. Since its establishment in 1920, the bank has sought constructive engagement to promote development in all sectors of the national economy.
Banque Misr has a diversified portfolio of EGP 35 billion comprising investments in local, regional, and global markets to coincide with the Bank's strategic objectives.
Noteworthy efforts have been put forth by Banque Misr to promote the development of “Mostakbal City.” A fully-integrate city covering a surface area of 45 million m2 in east of New Cairo City. The flagship development is located along Suez Desert Road besides “Madinaty” and the “New Administrative Capital”. The project is divided into five main phases to be implemented over 15 years. Mostakbal City is considered the first integrated Mega Green City in the Middle East to be developed in accordance to approved master plan and urban planning and design guidelines. Aiming at expanding the horizon for development and growth, some agreements has been inked with a number of real estate developers to commence work in the first phase of the projects, which covers a total surface area of 6 million m2. Currently, the bank seeks partnerships and investments with regional and international real estate developers to seize all possible opportunities to boost the development of “Mostakbal City” remaining phases.
It is also worth noting that Banque Misr Money Markets and Investment Division has a specialized department for real estate assets portfolio management with a totaling value of EGP 7 billion. Besides, the bank offers untraditional services such as Investment Trustee and Custodial Services.
Banque Misr executes a variety of transactions, including equity offerings in addition to arranging and covering bond issuances. Also, the bank provide a full range of services, including private placements, public offerings, mergers, acquisitions, joint ventures, valuations, feasibility studies, and other restructurings. This is in addition to the issuance of covered bond with the past five years, as the bank aims to be a leader in corporate bonds market in the meantime.
Banque Misr is further considered a prominent leader in the field of investment funds. The bank has established 8 investment funds with separate strategies that expand the investor's (individuals or Companies) choices to meet their needs and investment policies. On account of its ongoing efforts in the field, Global Finance, a leading international financial magazine, named Banque Misr "The Best Provider of Short-Term Investments/Money Market Funds” for the seventh time in the Middle East for year 2015. The bank was also named the Best bank in terms of cash management, liquidity management, and money market funds in Africa and the Middle East for 2009/10. In addition to Best bank in terms of cash management, liquidity management, and money market funds in Middle East for 2008، 2012، 2013، 2014.
As part of its continuous efforts in increasing its involvement in investment projects on the local and regional levels, Banque Misr participated in the Egypt Economic Development Conference (EEDC). The bank revealed new investment opportunities and promoted existing projects owned by the bank.