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Banque Misr Achieves 25 Awards and Accolades for the Year 2020
10/09/2020
Banque Misr has attained numerous awards in various business sectors from several global organizations in 2020, in appreciation and recognition of its accomplishments and efforts in multiple sectors. In the field of financing small and medium enterprises and microfinance, Banque Misr attained the award for “SME Bank of the Year Egypt – 2020” from Global Business Outlook, in addition to “Most Innovative SME Bank – Egypt 2020” from International Finance magazine; and “Best SME Partner Bank – Egypt 2020” from British The European magazine. 
 
In the field of cash fund management, the Bank achieved the award for “Best Bank in Managing Cash Funds and Short-Term Investments in the Middle East – 2020” for the twelfth consecutive time, from Global Finance magazine, which is one of the largest and most renowned financial magazines worldwide and is based in New York. The magazine utilizes a complex matrix of international financial criteria in the selection of award winners, while also gauging the opinion of a distinguished panel of international analysts and bankers. This award is presented to the most outstanding bank in the Middle East, exhibiting superior indices for profitability, customer service, market share, competitive rates and adoption of state-of-the-art banking technologies, in comparison to other banks.
 
In the area of Islamic banking, Banque Misr succeeded in achieving several awards, including “Deal of the Year – Islamic Finance – Africa 2020” from The Banker – Financial Times; “Best Bank for Islamic Transactions – Egypt” for the years 2019 and 2020 from International Business magazine; and “Best Bank for Islamic Banking - Egypt 2019 and 2020" from Global Banking and Finance Review magazine.
 
In the area of corporate social responsibility, the Bank won the award for “Best CSR Bank – Egypt” from International Business magazine for 2018, 2019 and 2020; and “Best CSR Bank - Egypt 2019 and 2020” from International Finance magazine. This is in addition to “Best CSR Bank - Egypt 2019 and 2020” from Global Banking and Finance Review; and “Best CSR Bank - Egypt 2020” from Cosmopolitan the Daily magazine.
In the category of banking products for corporations and financial institutions, the Bank won the award for “Fastest Growing Trade Finance Bank Egypt” for the years 2018, 2019 and 2020 from Global Banking and Finance Review magazine; and “Fastest Growing Cash Management – Egypt” for 2018 and 2020 from Global Banking and Finance Review magazine. The Bank also achieved first classification as “Best Service Provider – Egypt and Africa 2020”; “First Classification as Market Leader – Egypt 2020” according to Euro Money’s survey of trade financing; “Egypt Domestic Trade Finance Bank of the Year – 2020” and “Egypt Domestic Cash Management Bank of the Year – 2020” from Asian Banking and Finance magazine.
 
The Bank also won “Operation of the Year in Africa 2019” from the Financial Times’ The Banker International; and several awards from Global Brands magazine, including “Best Corporate Banking Brand - Egypt” for 2019 and 2020; “Best Retail Banking Brand – Egypt 2020”; and “Best Customer-Centric Banking Brand – Egypt 2020”.  Banque Misr also attained the award for “Banking Brand of the Year – Egypt 2020” from Global Banking and Finance Review magazine; in addition to an advanced ranking on the list of the world’s best 1000 banks from The Banker – Financial Times; and “Innovative Digital Bank of the Year – MENA 2020” from British The European magazine.
 
The Bank’s acquisition of this extensive list of awards and accolades comes as a certificate of entitlement to the trust and confidence of its customers, who are considered mainstays in its endeavors to provide all clients with innovative services and products that consistently fulfil their needs.