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chair man honoring
Banque Misr Chairman, Mohamed El-Etreby, Recognized As One of the Best 100 Arab Chief Executive Officers Of 2018
The Chairman of Banque Misr’s, Mr. Mohamed El-Etreby, was recognized by The Secretariat General of the Arab Best Award as one of the ‘Top 100 CEOs in the Arab World of 2018’ The honor was announced at an award ceremony held in Paris on Sunday, March 17, 2019 in the presence of several public figures and the awards nominees. During the ceremony, several Arab public figures received several awards for the year 2018 including business excellence awards for the year 2018 and the Best Arab Athlete award for the year 2018.
Further, the nominees for the "Best 100 Arab CEOs" have been selected according to various quantitative and qualitative criteria and standards set by experts; the most important of which are: the extent of their influence on their countries and communities and their contributions at achieving the objectives of both the state and society. It is worth noting that Banque Misr Chairman, Mr. Mohamed El-Etreby, has received several awards and honors for the second time in row for his prominent role in serving the national Economy; accordingly, Business Today Magazine honored Mr. Mohamed El-Etreby and granted him the Best Influential Figure award for his positive influence on the Egyptian Economy in 2018. Mr. Mohamed El-Etreby has been recognized as the Best Banker in 2018 by the European Magazine.
Under the leadership of its Chairman Mr. Mohamed El-Etreby, Banque Misr has been granted a number of awards in different business fields from several international institutions in appreciation and recognition for the bank's achievements and efforts. Subsequently, Banque Misr received various awards in the field of Micro, Small and Medium Enterprises, for instance: The award of "The Fastest Growing SME Bank in Egypt for the year 2018" received from International Finance Magazine; one of the worlds' specialized magazines. This is in addition to the award of "The Best SME Bank for the year 2018 in the Middle East and North Africa" by Wealth & Finance magazine. The bank also earned the award of "The Best SME Bank in Egypt" by "The European Magazine" – United Kingdom-based magazine. Besides, International Business Magazine has recognized Banque Misr as the best provider of SMEs in 2018.
In regard to managing money market funds, Banque Misr has received several awards, including the award of Best Provider of Short-Term Investments/Money Market Funds in Africa and the Middle East of 2019", where it is the 11th time for Banque Misr to receive an award by Global Finance.
Such award is granted to the best Bank all over the Middle East for achieving the highest level of excellence in terms of revenue, quality of customer care services, market share ratio, competitive pricing compared to that offered by other banks, and the appliance of the latest state-of-art banking technologies.
With respect to the efforts that have been exerted in the last period regarding corporate credit and syndicated loans, Banque Misr has successfully received several awards; pursuant to the classification of Bloomberg Global for the first half of 2018, BM has been ranked in the second place over Africa for being a principal administrator of syndicated loans and in financing projects with 5.5% market share. Banque Misr has been also ranked in the third place over the African Continent in marketing, administrating and arranging syndicated loans and in financing projects with 6.8% market share, which reflects the bank's continuity in achieving advanced ranks in such classifications since 2015; such classification also shows the banks persistence on achieving outstanding results in marketing and arranging syndicated loans and in project finance. The bank received the award of the Best Egyptian Bank in terms of arranging syndicated loans and financing projects for the year 2018 from the International Arab Bankers Union. This is in addition to the award of the "Best Project Finance House in Africa in 2017" for the third successive year by EMEA Finance Institution.
Regarding the Islamic banking sector, Banque Misr has successfully received awards; as Banque Misr has been awarded "Musharakah Deal of the Year 2017" from the Islamic Finance News, which is considered the most prestigious award globally recognized in the field of Islamic Financing transactions. It is worth mentioning that it is the third time that BM's Islamic banking sector won IFN Deals of the Year Award from the same Institution. Moreover, BM received the "Best Islamic Bank - Egypt 2018" award from "International Finance Magazine". The bank also earned the award of the "Best Islamic Transactions Bank – Egypt 2018" from the United Kingdom-based magazine "Global Business Outlook".
In regard to CSR, Banque Misr has received the award of "The Best Bank in Social Responsibility – Egypt 2018" from International Business Magazine. For trade financing, the bank earned the award of the "Fastest Growing Bank in Trade Financing in Egypt" for the year 2018 by Global Banking & Finance Review as well as the award of "The Fastest Growing Bank in Cash Management in Egypt for 2018" by Global Banking & Finance Review.
Furthermore, Banque Misr has been successfully named Best Regional Bank of the Year 2018 for the Belt and Road Initiative (BRI) (the Middle East and Africa) at the 2018 Asiamoney New Silk Road Finance Awards. Last but not least, Banque Misr has been named the Bank of the Year in Egypt for the year 2018 in the rankings published by "The Banker", an international magazine owned by The Financial Times Ltd; it is worth mentioning that BM's acquisition of these awards is deemed certificate of entitlement to customers' trust and confidence on which the bank's attention is mainly focused. Banque Misr endeavors to provide the customers with all the recent and updated services and products that meet the customers' needs.
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