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

20% expected growth in 2014-2015 revenues: Banque Misr Chairman
Bank is launching lease company and 15 new branches for Islamic services, says Eletreby

Banque Misr approves EGP400m for SMEs
The official further noted that the bank is currently studying funding a further 15 clients in the SME sector with EGP 100m.

Banque Misr continues CSR programmes in Fayoum, Aswan: Programme Manager
Banque Misr Foundation developed 34 medical units in university hospitals, developing 14 villages and informal areas

Banque Misr receives Golden Excellence Award in CSR
Bank participated in developing villages and slums in 15 villages

Banque Misr to allow services 24 hours a day through âRemote Tellerâ
Banks should adopt developed technological infrastructure that aim to develop communication channels with customers, says head of retail

Banque Misr registers highest net profit in its history
Bank assets to reach EGP 15bn after the approval it received from the CBE

NBE, CIB remain key players in treasury bills and bonds markets
Bank Misr, Crédit Agricole, Banque Misr also among market leaders for treasury bills and bonds

Numerous public bank officials resign to protest maximum wage
New maximum wage sets wages at 50% less than original wages, resigned NBE official says

Investment ministry in EGP32bn asset-debt swap with National Bank of Egypt, Banque Misr
Meeting to be held soon regarding payment of outstanding EGP 1.6bn owed to banks, says minister

Intel cooperating with education ministry, Banque Misr to provide computers for schools
Education technology is top company priority in Egypt, says Intelâs Egypt executive Al-Fatih

Promoting Transparency: Unleashing growth across the board
By Omar Khedr There appears to be no limit to the possibilities that come from combining the internet, social media, and ground-breaking innovations to achieve significant changes across the globe. It is a movement that is restructuring government institutions, revolutionising how news is delivered, and forging entire new commercial industries. Eager to capitalise on this …

NBE receives 800 applications for mortgage funding for low- and middle-income individuals
The Central Bank launched a mortgage financing initiative in April with EGP 10bn for mortgage financing activities. The funds could be used to finance housing for low- and medium-income individuals with concessionary terms for a period of 20 years.
Egyptian Gulf Bank gives EGP 300m to low-income housing project
The bank is one of several supporting the construction of 10,000 housing units for low- and middle-income Egyptians under a Central Bank of Egypt initiative
Banque Misr launches new programmes for micro, small and medium enterprises
The bank announces three loan programmes divided by project size

Banque Misr provides EGP 285m of Islamic funding to Upper Egypt Electricity
The funding will be used to maintain and renovate the Al-Waledeya stationâs first unit boiler, which will be carried out by the boilerâs original producer Mitsubishi.

Banque Misr deposits rise to EGP 188.8bn
The deposits rose to EGP 188.8bn compared to EGP 162.5bn, reflecting a 16.2% increase, exceeding the sectorâs average, recorded at 15.1%. This expanded Banque Misrâs market share to 15.9%.

Banque Misr and UEEPC sign EGP 285m loan agreement
The loan will be used to finance renovations in Assiutâs power station

S&P raises ratings on four Egyptian banks
Ratings agency upgrades long-term ratings on National Bank of Egypt, Banque Misr and Commercial International Bank to B- from CCC+, raises public information rating on NSGB.

Banque Misr President: Economic recovery will not be achieved without the return of security
Regarding application of a maximum wage, there is support inside the National Council for Wages for a maximum income with the exemption of banks due to their nature that requires the presence of capabilities and cadres with expertise.

‘Tamarod’ in Banque Misr
Bank employees demonstrating to dismiss chairman

Political turmoil hits mobile money transfer market
Low rates of usage for the service were the result of political turmoil
Market sees rebound after months of losses
Experts are unsure of marketâs future as increasing instability looms

Egypt sells $3 billion in bonds at a 3% rate to Qatar
Qatari purchase to help support Egyptâs widening budget deficit

Banque Misr, National Bank of Egypt subscribe to $200m in international government bonds
$2.7bn bond package released several days ago on Irish stock market

Banks: We are most affected by downgrades
MERIS downgrades long- and short-term credit ratings of NBE, Banque Misr, and CIB

E-Finance to operate new electronic petroleum subsidies programme
Electronic payments specialist beat joint NBE-Banque Misr bid for the contract

NBE, Banque Misr dump foreign assets
Arab investors nevertheless label Egyptian banking sector âpromisingâ

Banque Misr to launch three new retail banking products at UAE branches
Products to include both personal and vehicle loans, in addition to the release of credit cards

Banking and Insurance Special: Banks to increase car loans portfolio
Betting on their portfolio, Banque du Caire intends to increase car loans portfolio to 40%, CIB to spend EGP 150m by first quarter end

Banking and Insurance Special: Conventional banks enter Islamic banking sector
In a bid to increase profits, furious competition ensues in the Islamic banking sector between Egyptian banking heavyweights like NBE and Banque Misr