Banque Misr

Banking · Egypt · 20,000 Employees

Banque Misr was established in 1920, by the Egyptian financial leader Mohamed Talaat Harb Pasha. It is the first purely Egyptian Bank, which later became the symbol of nationalism in the whole Middle East region. It acquired a large client base throughout approximately 460 branches and units in Egypt in addition to external banking branches in Paris and coexistence in foreign countries through Banque Misr Lebanon and Banque Misr Europe (located in Germany). It has also expanded into new markets such as UAE after its acquisition of Banque du Caire five branches there. Banque Misr offers various products and services, whether corporate or retail, that meet all its customers' increasing demands. Furthermore, the bank contributes in establishing a number of vital projects that help to flourish the Egyptian community in several fields such as tourism, development, food security, spinning and weaving, transportation, financial institutions, oil, cinema and others. It is worth mentioning that Banque Misr has started a major restructuring program with an objective of increasing efficiency and paving the way towards more summits of success. Banque Misr has always supported the capabilities of the Egyptian economy and has aspired to further push the wheel of development. Banque Misr Mutual Funds Center is considered one of the oldest and largest investment Mutual funds Center in Middle East. It was established in 1994, and currently manages eight mutual funds with more than USD 5.4 billion under management .Banque Misr has introduced in Egypt a wide diversified range of mutual fund types including money market funds, balanced funds, equity funds and capital guaranteed funds, which meet different clients' needs whether individuals or corporations, in line with market changes . The "Youm b Youm" Fund is an innovative and unique product in the Egyptian market, denominated in Egyptian pounds (EGP), US dollars (USD) and Euros (€). The Fund is linked to an account and allows flexibility for investors, resulting in its being ...Read More

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