The General Secretariat of the “Arab Best” Award selected Mr.
Mohamed El-Etreby – the Chairman of the Board of Banque Misr – among the Top
100 Arab CEOs in 2020 – for the third consecutive time – after having obtained
the award in 2017 and 2018. The virtual event was organized by the award’s
General Secretariat and was held via videoconference, with the accolade being
awarded to the most influential personalities in the domain of economy and
comprehensive development. Worth noting is that the awards aims to shed light
on Arab CEOs whose managerial experience constituted a turning point in their
respective careers in the field of economy, advancement and comprehensive
development.
The nominees were shortlisted based on a set of criteria, most
notable of which is the impact achieved in their communities, positive
strength, contribution towards realizing the objectives of the state and the
community; in addition to quantitative and applied standards set by designated
experts. The award committee broadcast the Arab Best awards directly from the
city of Casablanca in the Kingdom of Morocco on Wednesday, 27th
January 2021 and winners who were unable to attend received their accolades via
videoconference, owing to the situation of COVID-19 and in adherence to precautionary
travel measures.
Mr. Mohamed El-Etreby – Chairman of Banque Misr – had achieved
numerous honorary awards, owing to his pivotal role in serving the national
economy, such as “Fakhr Al Arab 2020” – outstanding banking leadership
category, awarded to the most influential personalities in the economy and
comprehensive development; as well as the BT 100 award for the most influential
personalities in the Egyptian economy. Mr. El-Etreby was also the recipient of the
Banker of the Year Award 2018 from British The European Magazine.
Worth mentioning is that Banque Misr – under the leadership of Mr.
El-Etreby – has attained countless awards in various business sectors from
multiple global institutions, in recognition of its achievements and efforts
exerted in various domains. In the field of micro, small and medium
enterprises, the Bank was named “Best
SME Financing Bank – Egypt 2020” by Global Business Outlook; “Most Innovative
SME Bank – Egypt 2020” by International Finance Magazine; and “Best SME Partner
Bank - Egypt 2020” by British The European magazine.
In the field of cash funds, 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. 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 the best 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 attaining several awards, including “Deal
of the Year (Islamic Finance) Africa - 2020” from The Banker Financial Times
magazine; “Best Bank for Islamic Banking – Egypt” for 2019 and 2020 from
International Business magazine; and the “Best Bank for Islamic Transactions –
Egypt” for the years 2019 and 2020 from Global Banking and Finance Review
magazine.
Banque Misr also achieved several international awards in the field of
corporate social responsibility, among which was the award for “Best CSR Bank –
Egypt” from International Business magazine for the years 2018, 2019 and 2020;
the award for “Best CSR Bank – Egypt” from International Finance magazine for
2019 and 2020; “Best CSR Bank - Egypt” for 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 the “Fastest Growing Trade Finance Bank
- Egypt” for the years 2018, 2019 and 2020; and the “Fastest Growing Cash
Management – Egypt” for 2018 and 2020 from Global Banking and Finance Review
magazine. The Bank attained first classification as the “Best Service Provider
– Egypt and Africa 2020” according to Euro Money’s survey of cash management
solutions; and ranked first as a “Pioneer of the Egyptian Market 2020”,
according to a trade survey by the same institution; as well as “Egypt Domestic
Trade Finance Bank of the Year” from Asian Banking and Finance magazine.
The
Bank also won the award for “Deal of the Year Securitization – Africa” for the
years 2019 and 2020 from The Banker International magazine - “Financial Times”,
as well as several awards from Global Brands magazine; namely “Best Corporate
Banking Brand - Egypt” for 2019 and 2020; the “Best Retail Banking Brand -
Egypt 2020”; the “Best Customer-Centric Banking Brand - Egypt 2020” and “Banking
Brand of the Year - Egypt 2020” from Global Banking and Finance Review. This is
in addition to attaining an advanced ranking in the global list of top 1000
banks by The Banker magazine – “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. The Bank consistently seeks to
improve its services, maintain its long-term success and effectively
participate in offering services that fulfil the needs of its customers; since
the values and strategies of Banque Misr reflect its commitment and dedication
to sustainable development and to achieving prosperity for Egypt.
