Banque Misr raises EGP 39 billion from high-yield CDs in 5 days – chairman
Egypt’s second-largest state lender Banque Misr has collected 39 billion Egyptian pounds ($) from its high-yielding…
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Mohamed Eletreby
Egypt’s NBE, Banque Misr collect EGP 705 bln from high-yielding CDs issued on March 21
Egypt’s two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have collected 705 billion…
Egypt’s Banque Misr seen launching its first digital bank by May-end
Banque Misr, Egypt’s second biggest state lender, is expected to launch its first digital bank in the homeland by…
Egypt’s Banque Misr to open three branches in Saudi Arabia, chairman
Banque Misr, Egypt’s second largest bank, plans to open branches in the Saudi cities of Jeddah, Riyadh, and Tabuk,…
Banque Misr lead arranger for EGP 2.5 bln Sawiris-led ZED West project
Egypt's second-largest state bank, Banque Misr is lead arranger for a 2.54 billion Egyptian pound ($162.3 million)…
Egypt’s Banque Misr to sell 45% stake in Banque du Caire in H1
Egypt’s state-owned Banque Misr plans to sell some of its stake up to 45 percent in Banque du Caire on the…
Egypt’s Misr Insurance signs JV to run life takaful unit
Egypt’s state-run Misr Insurance Holding (MIHC) signed on Tuesday a joint venture agreement with two of the…
EIB signs loan deal with Banque Misr to support Egypt SMEs
The European Investment Bank (EIB) signed on Sunday a €500 million ($550.7 million) loan agreement with Banque Misr…
Egypt’s Banque Misr to open 15 new offices in Africa in three years
Banque Misr, Egypt’s second largest bank, will expand its banking presence in 15 new markets across Africa, its…
Egypt wins two seats on Union of Arab Banks’ board
Egypt has won two seats on the Union of Arab Banks’ (UAB) new board of directors from 2019 until 2022.
Banque Misr sold $5 billion to cover imports since pound float; chairman says
Egypt’s second largest state-owned lender, Banque Misr said Sunday it has provided around $5 billion to cover…
Banque Misr in talks with international funding institution for new dollar debt
Banque Misr is negotiating with one of the international banking institutions in order to obtain a new dollar loan…
Banque Misr teams up with three partners to launch leasing unit
Banque Misr, Egypt’s second largest state lender, is linking up with Misr Financial Investments, Misr Insurance…
Banque Misr inks protocol to finance industrial tannery zone project
Cairo Company for Urban and Industrial Investment and Development has signed Thursday a cooperation protocol with…
Banque Misr says to add 195 more branches in 2-3 years
Egypt’s second biggest state lender, Banque Misr is planning to inaugurate 195 more branches within two and three…
Banque Misr suspends credit, debit card use abroad – chairman to CBC
Egypt’s second biggest state lender, Banque Misr has decided to suspend use of its credit and debit cards abroad,…
Banque Misr eyes 12.5% share in small business initiative in 4yrs
Egypt’s second biggest state lender, Banque Misr is arranging to take over a 12.5 percent share in a central…
Banque Misr arranges $225 mln for Damietta furniture city project
Egypt’s second biggest state lender, Banque Misr is arranging syndicated finance worth two billion Egyptian pounds…
Banque Misr negotiating $150 mln loan to boost foreign currency liquidity
Egypt’s second-largest state lender, Banque Misr is negotiating with some foreign financial institutions for a $150…
Banque Misr to receive China Development Bank’s $100mn loan in February
Egypt's second-largest state lender, Banque Misr, is expecting to receive a $100 million loan from China…
Egypt’s two state bank giants sign MoU with Russian Fund
Egypt’s state-run bank giants, National Bank of Egypt (NBE) and Banque Misr (BM) signed Tuesday a memorandum of…
Banque Misr signs $100 million loan with China Development Bank
Banque Misr, Egypt’s second largest state bank, has signed Wednesday a US$100 million loan with the China…
Banque Misr to complete $250-300mn loan in December – chairman
Banque Misr is expecting to complete procedures to obtain a $250-300 million loan of three years duration in…
EXCLUSIVE: Banks’ Shares in $521 million Egypt Electricity Loan
Five banks have reached a final agreement on their shares in a US$521 million loan to support Egypt’s electricity…