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Banque Misr Attains 23 Awards and Top Rankings in 2019
Banque Misr has attained numerous awards in various business sectors from several global organizations in 2019, 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 "Bank of the Year for Financing Small and Medium Enterprises in Africa – 2019" from Corporate Live Wire 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 Africa and the Middle East – 2019" for the eleventh consecutive time, from Global Finance magazine. Banque Misr had also won the award for "Best Bank in Managing Cash, Liquidity and Cash Funds in Africa and the Middle East - 2009 and 2010"; and in the Middle East for 2008, 2012, 2013, 2014 and 2015; and the "Best Bank in Managing Cash Funds and Short-Term Investments in the Middle East" for 2015, 2016, 2017 and 2018. Based in New York, Global Finance is considered one of the most specialized magazines in the world and 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.
Owing to the Bank's efforts in the field of corporate credit and syndicated loans, Banque Misr has attained numerous wins over the previous period, amongst which was "Best Egyptian Bank for Financing Mega-Projects - 2019" from the International Federation of Arab Bankers; thereby asserting its pioneering role in supporting the Egyptian economy in various domains.
In the area of Islamic banking, Banque Misr succeeded in achieving several awards, including "Best Bank for Islamic Banking - Egypt 2019" from International Business magazine; "Best Bank for Islamic Transactions – Egypt" for the years 2018 and 2019 from British Global Business Outlook magazine; "Best Bank for Islamic Banking – Egypt" for the years 2018 and 2019 from International Finance magazine; and "Best Bank for Islamic Banking - Egypt 2019" from Global Banking and Finance Review magazine.
Banque Misr has also recently won several international awards in the area of corporate social responsibility, among which was 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.
In the category of banking products for corporations and financial institutions, the Bank won the award for "Fastest Growing Bank in Trade Financing in Egypt" for the years 2018 and 2019 from Global Banking and Finance Review magazine; and the first classification as "Best Service Provider to Non-Financial Institutions – Egypt 2019", according to Euro Money's survey of cash management solutions; in addition to ranking first as a "Pioneer of the Egyptian Market 2019" for non-financial institutions according to the survey of corporate cash management solutions.
The Bank also won "Operation of the Year in Africa 2019" from the Financial Times' The Banker International; the "Best Corporate Brand - Egypt 2019" from Global Brands magazine; the "Best Local Bank Award" at the regional level within the Belt and Road Initiative (Middle East and Africa) for the year 2019 for the second consecutive year; the "Best Egyptian Bank for Banking Transactions with Asia for 2019" from the Asia Money magazine "Euro Money" and the accolade for the "Best Bank in Financial Inclusion" from British magazine The European. Banque Misr was also ranked amongst the 5 strongest banks in Africa by the Asian Banker foundation. Also worth noting is that Banque Misr recently received the Silver Play Button award from YouTube (Google), after the number of subscribers to its channel exceeded 100 thousand – a first in Egypt. On a similar note, Banque Misr tops the list of viewership for official banks on YouTube, according to a report by Socialbakers Analytics. The Bank's efforts came to fruition upon being named "Bank of the Year – Egypt 2019", as per the rankings of British magazine The European.
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.
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