Misr (BM) was established in 1920 by the pioneer economist and financial expert Mohamed Talaat Harb Pasha as the first wholly Egyptian-owned bank.
Establishing Banque Misr came with the aim to spread the concept of investing in national savings and directing them toward economic and social development.
Banque Misr logo features Cleopatra, Egypt’s last Queen, and pharaoh who ruled between 51-30 before birth. The reason behind the choice of Cleopatra is because she represents tradition, wisdom and cultural heritage.
Banque Misr has funded many businesses spanning across multiple domestic sectors, such as: textiles, insurance, transportation, aviation, entertainment, and filmmaking
The bank has more than 20,000 employees, serving a large base of more than 13 million clients in Egypt, with a total paid-up capital amounting to EGP 15 billion.
The bank has more than 800 electronically integrated local branches located nationwide to provide the best and most accessible services to customers as well as 3000 ATMs.
Banque Misr also values its regional and international presence, which includes its five branches in the United Arab Emirates and one in France. In addition, the bank’s international presence includes subsidiaries in Lebanon and Germany, as well as representative offices in China, Russia, South Korea, and Italy.
The bank is currently led by Mohamed El-Etreby, who since assuming this position at the beginning of 2015, has succeeded in achieving a historic leap in the bank’s performance, which was reflected into irs financial indicators.
