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Banque Misr CEO Mr. Mohamed El-Etreby Celebrated Among the Top 100 Arab CEOs in 2020
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.
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