Banque Misr: Total Investments hit EGP40 billion, Real Estate Fund due in Q4

Banque Misr’s portfolio of total investments (listed and unlisted) currently stands at EGP 40 billion, said General Manager and Head of Capital Markets Group Suzan Hamdy.

On the sidelines of an economic conference held on Wednesday tackling the role of the Egyptian banking sector, Hamdy further revealed that Banque Misr dropped plans to launch an Index fund within the current phase.  Yet, the bank stills aims to launch a real estate fund within the fourth quarter of 2014, she added.