Latest in Tag: Banque Misr Highlight
Latest in Tag: Banque Misr

Global Lease, Banque Misr sign financing contract worth EGP 200m to finance leasing contracts
Deputy Head of Credit Audit at Banque Misr Tarek Amin said the department is currently considering several proposals for financial leasing.

NBE, Banque Misr collect EGP 45.4bn in 10 days from certificates
Banque du Caire attracts EGP 3.3bn and 5 banks to raise interest rates under government protection to investment certificates

Banque Misr launches ‘fast cash’ for savings clients
Through the fast cash service, loans are provided, with the clients’ savings as a guarantee.

Stock market main index drops again
The day started with an increase in the benchmark index but ended with another loss

NBE, Banque Misr collect EGP 28bn within 5 days, expected to increase
Both banks attracted liquidity from outside banking sector, dollar selling operations to subscribe in both, says NBE Chairman

Banque Misr saving certificates attract EGP 3.4bn by Tuesday
Daily News Egypt has learned that the NBE certificates succeeded in attracting about EGP 8bn on Tuesday, increasing the total amount of certificates bought to date to EGP 11.5bn.

Suez Canal certificates safe in spite of NBE and Banque Misr rates: Analysts
Analysts ruled out that the owners of the Suez Canal investment certificates, in the segment of EGP 1,000 and its multiples, would refund these certificates to purchase the ‘Platinum Certificate’ and the ‘Certificate of the Top’ issued by the National Bank of Egypt (NBE) and Banque Misr, which have an interest rate of 0.5% more …

Small-business investors liquidate portfolios to invest in platinum savings certificates
Offering saving certificate with an interest rate of 12.5% increased opportunities to offset part of the losses incurred in the capital market over the past year

Banque Misr savings certificates attract EGP1.2bn by Monday afternoon: El-Etreby
The National Bank of Egypt (NBE) and Banque Misr offered, Sunday, savings certificates with an interest rate of of 12.5% per annum, paid monthly.

Banking sector shaken by raised NBE, Banque Misr interest rates
Intensified meetings in banks to discuss the move’s effects on customer deposits

Banque Misr collects EGP 400m through certificates on first day
They surprised banking market with launch of two certificates with annual returns of 12.5%

Banque Misr, NBE issue savings certificates with 12.5% return
The step aims at combating dollarisation, and banks issued two similar certificates in 2004, says Analyst

Banque Misr tops social media popularity list on Facebook and YouTube
The bank was also ranked the first on the list of popular official pages on Facebook, where the number of fans of the Banque Misr official page exceeded one million.

Banque Misr considers financing major sectors with EGP 43.5
Bloomberg awards the bank for being the best in marketing joint loans and financing projects in Africa for the third consecutive quarter

Banque Misr achieves new milestone in electronic payments
Banque Misr allows companies to pay their due payments to the government from their workplaces via the internet, using the Corporate Payment Service technology.

Banque Misr provides EGP 500m bridge loan to GASC until EGP 2bn loan is finalised
21% increase in loans and bank deposits until end of June 2015, over 50% increase in profits, says El-Etreby

FEB spreads banking awareness among students: El-Etreby
El-Etreby added that the FEB has adopted an initiative under the name of “You must have a bank”, with support from the Central Bank of Egypt (CBE)

Number of banking consumers in Egypt does not exceed 11 million: El-Etreby
The number of banking consumers in Egypt ranges between 10 million to 11 million persons, against about 54 million citizens who have the right to vote, said Mohamed El-Etreby, Chairman of Banque Misr and member of the Federation Of Egyptian Banks (FEB). El-Etreby added that financial inclusion is no longer optional, but rather a necessity …

Banque Misr completes requirement steps of FATCA
The bank added that its branches in both the UAE and France also sent the files to the central banks in these countries on time.

Egypt becomes focus of world’s attention, promising market for investments: Banque Misr Chairman
New Suez Canal Project amazed the world by funding and implementation in record time
Suez Canal ceremony expenses collected: Canal Authority official
Donations ranged between $250,000 and $1m, the official noted

Banque Misr to support science centre in Children’s Civilisation and Creativity Museum
Banque Misr stresses its keenness on contributing to all projects that encourage science, support Egyptian talents and contribute to the development and renaissance of the community.

Four bank representatives in Egyptian Union for Real Estate Financing board
The federation also includes four representatives OF real estate companies affiliated to the banks

Banque Misr Foundation improves living standards of 11 villages in 4 governorates
The project’s implementation period was from 2012 to 2015. It aimed to improve the quality of life of residents of these villages through education, health, economy and culture.

Banque Misr celebrates 95th anniversary
Egypt’s first bank, Banque Misr was established by Talaat Harb

Banque Misr sponsors Ramadan tournament of youth centres
The bank’s contributions in social responsibility are focused on several axes that include health, education and youth, as youth are considered leaders of the nation’s progress.

Banque Misr’s Islamic banking branches increase to 35
The bank supplied this branch with all modern equipment to guarantee an outstanding service level for the customer and to help them save time, especially after applying the e-linking system between all the bank’s branches.

Banque Misr provides EGP 1.75bn share in EEHC loan: Bank chairman
Loan will be directed to pay part of EGPC’s dues

Bank Audi earnings rise 63.2% in Q1 2015: Deputy Chairman
Bank provided loan worth $90m to EEHC for emergency plan to solve electricity crisis in summer of 2015

Palm Hills signs bridge loan agreement worth EGP100m
The loan will be used for financing a project in the North Coast and has been signed with Banque Misr and AAIB