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Banque Misr Plays Distinguished Role in Corporate Finance and Syndicated Loans

Banque Misr has continuously aimed to uphold its leading role in financing vital projects that push forward the wheel of development in light of the Bank’s commitment to achieving its strategic and developmental roles in order to support the national economy in various fields.

Banque Misr’s serious efforts have been acknowledged by Bloomberg, one of the top financial ratings institutions, whereby the Bank achieved two important positions. The first was the achievement of 4th place among the top banks that manage and market syndicated loans in the Middle East, while the second was the achievement of 5th place among the top banks that act as lead arrangers for syndicated loans. Banque Misr’s achievements were announced within Bloomberg’s annual publication which includes important economic information including coverage of the global banking industry.

This ranking came as a result of Banque Misr’s noticeable achievements in credit provision, corporate finance, and the arrangement of large funding operations in many fields and large sectors such as food and beverage, pharmaceuticals, tourism, fertilizers, oil and gas, building materials, infrastructure, and many more. Banque Misr managed to arrange and lead more than 20 funding operations in the last six months of 2009, totaling a sum of L.E 34.6 billion, with the Bank’s contribution amounting to L.E 5.7 billion.