Banque Misr (BM) ranked the second best bank in marketing loans according to Bloomberg's Ranking syndicated loans for Q3 of 2018, one of the most important international institutions in the field of finance and banking. In addition, BM claimed the fourth place in the management and arrangement of syndicated loans in Africa. This came as recognition of the bank's leading role in marketing and arranging 12 financing transactions, valuing USD 1.466 billion (EGP 26.226 billion) with a 6.651% market share from total financing trabsactions conducted by Africa's top 20 banks.
On the level of the MENA region, Banque Misr was ranked 7th for marketing 9 financing transactions valued at USD 1.007 billion and ranked 13th in arranging and managing 10 syndicated loan agreements totaling USD 760 million.
These rankings came as a result of BM's outstanding performance and strong financial results. According to Bloomberg, the bank succeeded in attaining top positions during the past four years as one of the best banks in Africa the field of marketing, managing and arranging syndicated loans as well as financing projects. This reflects BM intensive marketing plans to attract new clients and finance operations, backed by its commitment towards adopted strategic and development objectives to support the national economy in various fields and sectors.
Banque Misr is considered one of the largest national banks that offers project financing to different sectors. During the period from 01/07/2017 till 30/06/2018, Banque Misr was able to arrange, finance and participate in 18 financing transaction totaling EGP 113 billion in an array of sectors including electricity, real estate investment, general contracting, oil and gas, land transport and transportation, sea and river transportion, communications and information technology financing coverage amounted to EGP 20.9 billion. The Bank is currently studying a number of major financing operations in various sectors such as Telecommunications, Building Materials, Fertilizers, Construction and others, with a value of LE 20.4 billion and financing coverage amounted to EGP 8.3 billion , which affirms its role as one of the leading national banks in the Egyptian banking sector.
