Banque Misr

About Banque Misr (BM)

Banque Misr was established in 1920 by the leading economist Mohamed Talaat Harb Pasha. He introduced the idea of investing national savings to support economic and social development. As a result, Banque Misr became the first fully Egyptian-owned bank.

Banque Misr’s Role in Economic Development

Banque Misr has played a major role in supporting Egypt’s economy. The bank has funded projects across many key sectors, including:

• Textiles
• Insurance
• Transportation
• Aviation
• Entertainment and filmmaking

Today, the bank owns shares in companies operating in finance, tourism, housing, agriculture, food industries, and information technology.

Investment Funds and Awards

Banque Misr has built a strong portfolio of investment funds in Egypt. It has received several international awards from Global Finance Magazine.

The bank was recognized as:

• Best Provider of Money Market Funds in Africa and the Middle East (2009–2010)
• Best Provider in the Middle East (multiple years between 2008 and 2015)
• Best Provider of Short-Term Investments (2015–2024 across different regions)

These awards reflect the bank’s strong performance and leadership in financial services.

Technology and Digital Transformation

Banque Misr continues to invest in advanced banking technology. It became the first bank in Egypt and North Africa to comply with PCI DSS 3.2.1 standards.

The bank focuses on improving customer experience through digital services. It also operates one of the largest ATM networks in Egypt, covering most regions nationwide.

Branch Network and International Presence

Banque Misr has a wide geographic presence. It employs more than 25,000 people and serves millions of customers across Egypt.

Key facts:

• Paid-up capital exceeds EGP 110 billion
• More than 850 branches across Egypt
• Strong international presence

The bank operates:

• 5 branches in the UAE
• 1 branch in France
• Subsidiaries in Lebanon and Germany
• Representative offices in China, Russia, South Korea, Kenya, and Italy

Conclusion

Banque Misr remains a key player in Egypt’s banking sector. Its long history, strong investments, and digital transformation efforts position it as one of the leading financial institutions in the region.