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Banque Misr Signs a Protocol with Beni Suef University to Develop and Support the Competencies of Students and Graduates
27/02/2020
Mr. Hossam Abdel-Wahab, Vice President of Banque Misr, signed a cooperation protocol with Dr. Mansour Hassan, President of Beni Suef University, in the presence of Mr. Hani Al-Samra - Head of the Human Resources Sector at Banque Misr and Mr. Adel Abdul Latif, Head of Branches Sector at Banque Misr, in the attendance of an assembly of distinguished leaders from both Banque Misr and Beni Suef University.
 
The protocol aims to provide training and employment opportunities for students and graduates and comes in line with the Bank’s strive to attract competent personnel to its ranks; in order to enhance its competitive edge and maintain its leadership within the Egyptian banking sector. Banque Misr has been keen on developing the competencies of young candidates who possess basic and technical aptitudes required for banking jobs, while attaching great importance to developing and driving human resources. This is owing to the Bank’s firm belief in human capital being the most important assets of the institution and a pivotal source of its strength.
 
The conclusion of this protocol further underscores the Bank’s pioneering role in corporate social responsibility – due to this being one of the main tenets in which it strongly believes. This role is played both directly and indirectly through the Bank’s non-profit foundation "Banque Misr Foundation for Community Development", which holds registration number 7045/2007 and aims to develop and assist the Egyptian community by partaking in a number of activities and initiatives of a social nature, as well as striving to achieve the best for society in general. This is done in multiple fields including health, education, social solidarity and societal development – as exemplified by developing and improving the most deserving Egyptian villages via micro, small and medium enterprises and contributing to the provisioning of employment opportunities for youths and female breadwinners; in collaboration with Civil Society organizations. This is in addition to the development of slum areas and all that relates to the advancement of “human” capital. Banque Misr consistently promotes the forging of partnerships between all sectors of Egyptian society, by providing an exemplary model to be emulated, so as to contribute to achieving sustainable social development.
 
Furthermore, Banque Misr is considered one of the largest and most experienced banks in the area of corporate social responsibility; and the most environmentally aware and responsible, insofar as governance regulations, which complement its principles of long-term performance and sustainability. Banque Misr is the first state-owned bank to receive the approval of the General Reporting Initiative (GRI) and reports its business in accordance with the principles of sustainability; by taking into consideration such tenets as governance, human rights, anti-corruption, social participation and environmental safety standards. The bank also complies with UN Global Compact for Citizenship (Corporate Social Responsibility) standards; and has expended some EGP 760 million in community development during the fiscal year 2018/2019.
 
Banque Misr has recently attained several international awards in the field of corporate social responsibility, among which was the award for “Best Bank in Social Responsibility – Egypt  2018”; and the award for “Best Bank in Environmental Sustainability – Egypt 2019” from Global Business Outlook magazine; and the award for “Best Bank in Social Responsibility – Egypt” from International Business magazine for 2018 and 2019. The Bank also attained the award for “Best Bank in Social Responsibility in Egypt for 2019” from International Finance magazine, British Global Brands magazine and Global Banking and Finance Review.