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Banque Misr CEO Mr. Mohamed El-Etreby Wins Fakhr Al-Arab Award for Banking Leaders 2021
Mr. Mohamed El-Etreby – Chairman of Banque Misr won the “Fakhr Al-Arab Award for Banking Leaders 2021”, which is awarded to the most influential personalities in the domain of economy, comprehensive development and social responsibility. This recognition came as part of the celebrations held by the Excellence Awards Academy – Dubai on Thursday, 25th November 2021, in order to endorse the efforts of exceptional leaders who partake in initiatives and achievements that make a difference in the lives of individuals. 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. Worth noting is that 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. The General Secretariat of the Best of Arab award had also included him in the list of best 100 Arab CEOs in 2020; as well as receiving the award for Best Leadership in 2020 and 2021 from Asia One magazine; and the BT 100 award for the most influential personalities in the Egyptian economy in 2019 for the third consecutive time. 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, winning more than 60 prestigious awards and positions during 2021 in various fields of banking; including retail banking; money, correspondents and treasury; cash management, digital transformation and innovation; small, medium and micro enterprises; cash markets fund management; corporate social responsibility and sustainability from reputable international institutions such as The European Magazine, Euromoney Magazine, Financial Times, The Digital Banker, Global Finance, International Investor, Asia One and The Global Economics.
In the field of digital transformation, the Bank has received numerous awards, including “Most Innovative Bank - Egypt 2021” from International Investor magazine; the award for “Outstanding Digital Transformation in Payments - Egypt 2021” from The Digital Banker magazine and the award for “Best New Digital Loan Provider - Egypt 2021” from World Business Outlook magazine.
In the field of arranging, marketing and managing syndicated loans and project financing, according to Bloomberg International for Banks, Banque Misr won first place in the Egyptian banking market in arranging syndicated loans until the end of Q3 2021.
Banque Misr has maintained a keen interest in financing small and medium enterprises and microfinance via its branches found throughout the governorates of Egypt; being drivers of economic growth. The Bank is one of the first banks to comply with the requirements of the Central Bank of Egypt, with its SMEs financing portfolio amounting to 27% of the total credit portfolio as at June 2021. Due to its positive impact on the national economy and as a result of these efforts, the Bank has won numerous awards, including “Best SME Bank - Egypt 2021” from World Business Outlook magazine; “Best SME Bank - Egypt 2021” from Cosmopolitan The Daily magazine and the award for “Most Innovative SME Bank - Egypt 2021” from Global Business Outlook.
In the field of retail banking, Banque Misr was named “Best Retail Bank – Egypt 2021” by the World Finance Awards for Banks, and “Best Retail Banking Brand – Egypt 2021” by Global Brands magazine.
In the field of Islamic banking, Banque Misr succeeded in obtaining many awards, including “Best Islamic Bank - Egypt 2021” from World Business Outlook Magazine; “Deal of the Year Islamic Finance – Africa” for 2020 and 2021 from The Banker International Magazine “Financial Times”; “Best Islamic Banking Transactions – Egypt” for 2019 and 2020 from International Business Magazine; and “Best Islamic Banking Transactions – Egypt” for 2019 and 2020 from Global Banking and Finance Review.
Banque Misr has also recently won several international awards in the area of corporate social responsibility, among which was the award for “Best Bank for CSR – Middle East 2021” from Asia Money “Euromoney” magazine; “Best Bank in Social Responsibility – Egypt” from International Business magazine for 2018, 2019 and 2020; “Best Bank in Environmental Sustainability – Egypt 2019” from Global Business Outlook magazine; “Best Bank in Social Responsibility in Egypt” for 2019, 2020 and 2021 from International Finance magazine; “Best CSR Bank – Egypt” for 2019 and 2020 from Global Banking and Finance Review magazine; and “Best CSR Bank – Egypt 2020” from Cosmopolitan the Daily 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.
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