Banque Misr has been awarded the "Best Islamic Bank – Egypt 2024" by the internationally renowned MEA Finance magazine. The prestigious award ceremony took place on Tuesday, November 12, 2024, in Dubai, UAE, attended by a distinguished audience of banking industry leaders and representatives from the global investment community. Mr. Mohamed Adly El-Keai, Head of Islamic Corporate Credit and Investment at Banque Misr, received the award on behalf of the bank.

MEA Finance magazine awards recognize leading financial and banking institutions in the Middle East and Africa based on several technical criteria. The selection process involves a comprehensive evaluation conducted by a panel of industry experts, who analyze the bank’s performance and strategy.

The awards are presented to outstanding institutions that have contributed to the advancement of the banking and business sectors through exceptional achievements, pioneering services, and inspiring leadership. Honorees are also recognized for their ingenuity and adaptability in addressing current challenges and navigating changing market conditions.

Banque Misr’s Islamic Corporate Credit and Investment Division successfully completed several syndicated financing transactions in cooperation with leading banks in the Egyptian banking sector. These operations involved arranging, marketing, and participating in joint financing facilities totaling approximately EGP 8 billion, with Banque Misr’s share amounting to EGP 3.4 billion. The financing covered various sectors, including real estate investment, construction, cables, and more.

This achievement reflects the bank’s strong financial performance and outstanding capabilities, driven by its intensive marketing strategy to attract new clients and financing opportunities. It also underscores Banque Misr’s continued commitment to implementing its strategic and development goals, contributing to the growth of Egypt’s economy across multiple sectors.

This prestigious award is a testament to the trust of Banque Misr’s clients, who are always at the heart of its operations and key partners in its success. The bank remains dedicated to delivering services and products that meet clients' evolving needs.

Banque Misr strives to enhance the quality of its services, maintain long-term success, and actively engage in providing solutions that cater to client needs. The bank’s values and strategic framework consistently reflect its commitment to sustainable development and Egypt’s prosperity.