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Banque Misr brings smiles on the faces of 3000 orphans in celebration of the Orphans Day

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).