Banque Misr won two awards for the Best Commercial Brand and
the Best Bank in CSR in Egypt for the year 2019 from the international Global
Brands magazine. The awards were announced in a big ceremony organized by the
magazine in South Africa on Friday, 30 August 2019. The two awards were
received by Dr Fatma El-Goully – Head of Corporate Communications at Banque
Misr. The ceremony was attended by many distinguished organizations and highly
profile businesspeople from around the world.
The awards are given to the best commercial brand by
performance in all sectors, as well as the Corporate Social Responsibility
activities for the year. The selection criteria for all winning institutions is
based on a number of standards related to performance and the strategy adopted by
such institutions.
These awards are considered a certificate of confidence for
the best performance and business model. The magazine selects the best
commercial brands based on an evaluation by a group of field experts. Banque
Misr has recently won many awards covering various business segments, such as
small and medium projects funding, micro-finance, money market funds and
short-term investment funds, corporate credit and syndicated loans, Islamic banking,
and corporate social responsibility. The number of awards won by the bank has
reached 15 awards thus far in 2019. These awards are all given by international
institutions in recognition of the bank’s achievements and efforts in various
fields as one of the national economy pillars and the first bank fully owned by
Egyptians.
Banque Misr has won two other awards from the British The
European magazine for the Bank of the Year – Egypt 2019 and the award for the
Best Bank in Financial Inclusion in Egypt for the same year. Banque Misr was
also named Bank of the Year – Egypt 2018 through the classification by The
Banker international magazine. The bank also won the award for the Best
Egyptian Bank for Banking Transactions in the Asian continent in 2019 from the
international Asia Money “Euromoney” magazine.
Banque Misr has also won many international awards in the
CSR domain, including the award for the Best Bank in CSR – Egypt 2018, the
award for the Best Bank in Environmental Sustainability in Egypt in 2019; both
from the British Global Business Outlook magazine. The bank also won the award
for the Best Bank in CSR – Egypt from the International Business magazine for
the years 2018 and 2019. It also won the award for the Best Bank in CSR – Egypt
2019 from the International Finance magazine.
Banque Misr is one of the largest banks in terms of social
responsibility. The bank is one of the institutions with the highest level of
awareness in relation to environmental and social responsibility as well as the
governance rules that should be adopted by an institution and that complements
its performance indicators and the sustainability of its operations on the long
term. Banque Misr was the first government-owned Egyptian bank to get the
Global Reporting Initiative – GRI’s approval and to report on the bank’s
performance in accordance with the sustainability principles through observing
governance, human rights, anti-corruption, and community participation while
also observing environmental safety standards. Banque Misr also complies with
the UN Global Compact standards for citizenship (corporate social
responsibility). Banque Misr has spent around EGP 750 million in CSR during the
fiscal year 2018/2019.
These awards are a recognition of the bank’s efforts and an
affirmation of the bank’s leading role and its constant ability to achieve
strong performance standards through its attributes for a sustainable growth. Banque
Misr was originally established to significantly contribute to the well-being
and prosperity of Egypt and it has delivered on this mission for over a 100
years; where offering baking services to Egyptians of all kinds comes at the
forefront as Banque Misr does not only seek financial gain but acts as a
catalyst for national and strategic development. This underlines the bank’s
commitment to sustainability and continuous development.
Banque Misr always strives to develop and enhance the value
of the services offered to its customers to satisfy their various needs and
requirements utilizing the latest technologies to be able to provide its services
in the most efficient form.