Banque Misr recently inaugurated three new branches; an exclusive branch in 6th of October City in the Giza governorate, the Al Bitash branch in Alexandria, and the Sahel Selim branch in Asyut. These new branches are considered the newest links in Banque Misr's distinguished chain of branches, which are accessible to customers everywhere nationwide.
The launch of the new branches falls within the bank's expansion strategy, whether on the local, regional, or international scale. It further marks a step towards the achievement of the principle of financial inclusion, which aims for comprehensive financial services to be made available to all segments of society, wherever they are.
Banque Misr owns the largest network of branches in Egypt and the Middle East, at approximately 605 branches, all of which are electronically connected to act as one branch. This is to facilitate customers' transactions at any of the bank's branches nationwide. The bank moreover boasts an extensive foreign presence, with representation in the UAE, Lebanon, France, Germany, China, and Russia.
In line with the Central Bank of Egypt's plan to consolidate financial inclusion, Banque Misr aims to open 270 new branches in the next five years, which would bring the number of branches to about 875 branches by 2022. These branches would provide services to all segments of society, bringing the bank closer to its customers, wherever they are.
As is customary for Banque Misr, which always seeks to keep pace with the latest developments in banking, the branches' mechanisms and internal designs have been updated. Further, the new branches have been fitted with the latest equipment and technology, ensuring a distinguished level of services provided to customers, who can access a comprehensive range of products and services, in addition to the ATMs in each branch.
Banque Misr consistently seeks to meet all of its customers' needs in the form of different banking products and services.