Financial indicators have shown noticeable stability and growth in Banque Misr’s performance of this year. The bank’s volume of businesses has witnessed a rapid increase that reflected in the performance of main activities as well as the business results during the fiscal year of 2013/2014. Banque Misr’s financial status has surged to EGP 274 billion on June 30, 2014, marking a 26% y-o-y growth from EGP 218 billion. Customer deposits have also surged by EGP 51 billion approximately (27%) to EGP 240 billion from June-end of 2014, in contrast to EGP 189 billion from June-end of 2013. Banque Misr has managed to achieve these outstanding results despite the impacts of the current economic difficulties and challenges. Net loans and advances to banks and customers as of June 30, 2014 have reached around EGP 55 billion, representing a 12% growth from EGP 49 billion last year. With regard to investments, the bank has maintained developing its portfolio of financial investments whether through presenting new contributions or increasing share of investments in a number of companies. As of June 30, 2014, Banque Misr’s direct investments in 173 companies have recorded EGP 10.5 billion, compared to EGP 8.7 billion a year earlier. Those remarkable results come in line with Banque Misr’s success in bridging their provisions gap. This success is despite the impact of financing the acquired defaulted portfolio from Banque Misr through bearing the cost of restructuring the Banque Du Caire at a net value of EGP 1 billion annually throughout the last six years. The restructuring process has positively reflected on Banque Du Caire’s current market share and performance. In addition, Banque Misr allocated EGP 493 million of fiscal year 2013/2014 expenses to employees medical and retirement system. Banque Misr’s retail portfolio as of June 30, 2014 has surged by 31% (EGP 1.7 billion) to EGP 7.2 billion, from EGP 5.5 billion as of June 30, 2013. On the other hand, the bank issued a total of 2.8 million payment cards by end of June, 2014 and acquired the second place in terms of issued MasterCard and Visa cards across Egypt, achieving a market share of 17.7% in Mastercard issued cards and 15% of the Visa issued cards market. Noting that by end of November 2014, the number of payment cards issued by Banque Misr has climbed to 3.1 million. The number of contracted commercial outlets increased to reach 12.669 by end of June, 2014, which in turn ranked Banque Misr in the first place with a market share of 30%. Noting that by the end of November 2014, the number of contracted commercial outlets hit a total of 12.941. It is worth also noting that Banque Misr provides the most up-to-date points of sale (POS) machines that comply with the international specifications of the Payment Card Industry Data Security Standard Certificate (PCI-DSS). Besides, Banque Misr remained in the lead in processing automated electronic payment system for government salaries in co-operation with the Ministry of Finance, with a market share of 44%. The value of transferred government salaries rose by 63% (EGP 3.4 billion) to reach EGP 8.8 billion since June 30, 2014, serving around 1.1 million clients, compared to EGP 5.4 billion in June 30, 2014 with 0.9 million clients. As part of its ongoing expansion policy all over the country, Banque Misr has recently inaugurated a number of branches, making it by far the largest bank in terms of network of branches with a more than 500 branches and network of 1270 ATM machines across Egypt. The bank also enjoys a regional and international presence in 4 countries spread in the UAE, Lebanon, Germany and France, in addition to its worldwide network of correspondents. It’s also worth noting that BM took part in CBE’s mortgage finance initiative for the low-income. It will also launch money transfer and receiving service soon through ATMs in order to make it easy for its clients to transfer or receive money.Aiming at having a leading role in reviving the economy, decreasing unemployment, and reaching social wellbeing; BM provides finance services to Small and medium-sized enterprises through its branches spread all over Egypt, within various industrial, agricultural and service fields. Pointing out that the overall Small and medium-sized enterprises credit portfolio’s growth rate reached 88% during the fiscal year 2013/2014.BM is also perceived as a prominent national bank in terms of providing finance facilities to a diversified range of projects. On the account of its ongoing efforts, BM was ranked the 13th in Bloomberg report for Q4 / 2013 as the best bank to market syndicated loans in the Middle East and South Africa. The same association also ranked BM the 18th as the best main arranger of syndicated loans in Middle East and South Africa and the best ranked among Egyptian banks. The report also showed that BM is the only Egyptian bank that exists in the best 20 banks classification in terms of arranging and administrating syndicated loans in 31/12/2014. This comes in the context of BM’s noticeable achievements in corporate credit and syndicated loans sectors.During the period from 1/07/2013 until 30/06/2014, BM could arrange, finance and participate in many funding operations of a totaling sum of EGP 12.821 billion covering various sectors such as contracting, electricity, transportation, cars, chemicals, telecommunications and agricultural crops. BM guaranteed coverage value of such operations reached nearly EGP. 3.358 billion. This is in addition to the other unfinished operations that reach EGP 1351 million with EGP 826 million guaranteed coverage value in many sectors including building materials, public services and aviation.In light of the extensive marketing plans pursued by the Bank to attract new clients and transaction as well as the Bank's commitment to implement its strategic and development objectives in order to support the national economy in various fields and sectors. It also has targeted operations of EGP 18.8 billion, with expected coverage guarantee of EGP 4.2 billion for Banque Misr in many sectors such as (Electricity, Fertilization, Telecommunications, Investment and real estate, Specialized Constructions, Petrochemicals, Food and beverages, and Airports).It is worth mentioning that the Islamic banking sector achieved Deal of the year award for MENA Region from Red Money Foundation for joint Islamic finance transaction with legitimate speculative system with a total value of about $ 110 million, it also implements the first joint Islamic funding with Istisna'a followed by ijarah system described in the disclosure to finance a project with a total value of about EGP 1.07 billion, coverage and guarantee of joint Islamic funding with Istisna'a followed by Ijara system has also been arranged to in order to establish one of the largest factories engaged in the manufacture of sugar, with a total value of about EGP 1.5 billion, through an alliance between 13 Banks and international funding institution, in addition to the implementation of the first Islamic finance in the Egyptian market with MMP system in favor of one of the major electricity production companies with a total value of EGP 285 million.Hence, Banque Misr ranked the eleventh with a funding of USD 72 million in Bloomberg's list of the biggest 20 bookrunners and arrangers of Islamic finance in Europe, Africa and the Middle East.As for the retail banking sector in Islamic banking sector, the branches of Banque Misr for Islamic Transactions (Kenana) is providing all modern banking services such as the issuing of all kinds of cards, including Islamic credit cards with a competitive return and a longer payment period up to 57 days, as well as the payment of monthly transactions over 12 month, in addition to a variety of innovative products to serve Islamic banking customers in Kenana branches including different Murabaha products; Haj and umrah Murabaha, durable goods Murabaha, Murabaha tours, and Murabaha car program, in addition, Kenana branches will provide all corporate and SMEs financial services according to Murabaha, participation, speculation, and Istisna'a and Ijara ended with ownership forms.Banque Misr always seeks to meet the needs of its clients from all classes and offer a variety of products, especially in the savings field. Corporate social responsibility is part of the bank’s essence. The bank adopts policies directly or indirectly social responsibility through its non-profit Banque Misr Foundation for Community Development and Welfare, which under takes a multiple societal development activities. For instance in the health sector, the foundation has contributed to the upgrading of around 34 medical units and has provided the necessary medical equipment/supplies for university and public hospitals. BM’s foundation has upgraded and modernized the Renal Failure and Surgeries Centre in addition to the Fitness and Rehabilitation Unit at Cairo University, Abu El Reesh Children's Hospital, Obstetricians & Gynecologists Hospital of Ain Shams University, Conjunctivitis Qalawun Hospital, Liver Research Institute and Hospital in Mansoura, and Liver Hospital in Menoufya.The bank and foundation seeks to boost medical services and relieve low-income citizens’ sufferings.Banque Misr has contributed to the development of the emergency department in Abu El-Rish Children's Japanese Hospital. The banks has also helped in furnishing needed Fitness and Rehabilitation Unit facilities in Cairo University's hospitals and furnishing the injuries and emergency reception unit in Zagazig University Accident Hospital. This is in addition to purchasing medical equipment in the kidney transplant unit in Assiut University Urology & Nephrology surgical Hospital. Besides, the bank has contributed with an average sum of EGP 18 million to the development of the burns unit and the supply of the medical equipment of Aswan university Hospital. And, the bank is currently working on completing and furnishing an intensive care in the Demerdash hospital for surgery, one of Ain Shams University Hospitals.Stemming from its believe in the importance of education and the role of a the youth in building the future, Banque Misr honored top Thanaweya a' Amma (General Secondary Education Certificate (GSEC) students in 2013 for the sixth year in a row. The bank has also made donations of EGP 2 million to support the development of Egyptian universities of Mansoura, Helwan, Ain Shams, Alexandria, Assiut, Cairo, Banha, Fayoum, Suez Canal. Besides, the bank has supported the national literacy project in cooperation with Ain Shams University along with other sponsors. Thisis in addition to developing a number of schools across some of Egypt’s governorates, improving the overall education level for an estimate of 3000 students who dropped out of high school, and offering literacy classes for a number of 300 women. Based on the bank’s strong believe in the importance of youth and their significant role in achieving a better future, BM had participated in “The Global Finance Week” in order to spread the financial awareness for both children and youth. BM also sponsored “Sports Tournament” for Egyptian youth in all Egypt governorates under the slogan “BM Pentathlon Football League” in collaboration with the ministry of youth for three years in a row. The bank also sponsored the championship of “BM sky open squash” for men in November, 2014. It is one of the best squash world championships with the participation of 17 countries. BM had also sponsored “The 3rd Arab Championship for beach soccer with the participation of 8 Arab countries.In the fields of social solidarity, Banque Misr holds through its association annual orphan ceremonies involving lots of games and activities for all the children as well as distributing gifts and candies to the orphans, which in turn set a positive example to be followed by other charity associations. In terms of the field of development and community service, Banque Misr Foundation for Community Development and Welfare worked in collaboration with a number of NGOs, colleges, and universities on developing Egyptian villages and slum areas.The foundation worked on improving standard of living in around 15 Egyptian villages by improving the level of provided education and health services. This is in addition to offering internship and employment opportunities for the youth, improving the infrastructure of uninhabitable residential units, sponsoring medical convoys to serve an average of 5,000 villagers, and establishing 1200 economic project for the youth and single mothers who are considered one the most disadvantaged segments from various services.