In the light of Banque Misr’s intrinsic role in corporate social
responsibility and serving the Egyptian community since its establishment,
Banque Misr Foundation for Community Development remarked the Orphans Day on
April 5, 2019 through organizing celebrations in 14 governorates all over the
state, including Cairo and Alexandria.
In Cairo, the
celebration was held in Talaat Harb club in the attendance of 500 orphan kids.
Banque Misr’s employees and their families took part in this celebration,
spending the day with the orphans. The kids enjoyed playing games,
participating in various leisure activities, and watching artistic shows. They
also received giveaways from the employees. Similar celebrations were organized
in other 13 governorates with the participation of Banque Misr’s employees and
their families. Total of 3000 orphans attended these celebrations.
Through its non-
profit foundation, Banque Misr has several contributions that have been
supporting the society’s development either directly or indirectly. The
foundation has contributions in various sectors including health, education, as
well as social solidarity and development projects such as developing Egypt’s
most-in-need villages and slums as well as projects for developing human
resources.
During FY 2017/2018, Banque Misr’s total CSR
spending reached EGP600million, with up to 65% increase, compared to the
previous year. Banque Misr is considered one of the largest banks with a
long-standing role in society’s development. This is in addition to the high
awareness of the environmental and societal responsibilities, as well as
governance rules that the bank should comply with in accordance with its
long-term performance and sustainability standards. Banque Misr is also the
first state-owned bank to be accredited according to the Global Reporting
Initiative (GRI) standards for sustainability; as it issues its business report
in accordance with the principles of sustainability, taking into consideration
governance and human rights, anti-corruption, social inclusion and
environmental safety standards. The bank also adheres to the UN Global Compact
standards for citizenship (Corporate Social Responsibility).
