The bank was established on May 27, 1975, before the Islamic revolution in Iran, as an Egyptian joint stock company. It is jointly owned by the governments of Egypt and the Islamic Republic of Iran.

MIDBANK Achievments

EGP 2.76 bn
Total equity at the end of 2018
EGP 1.2 bn
Total capital at Q3-2020end
EGP 303 mn
Net profit at the end of 2020
EGP257 bn
Total deposits at Q3- 2020end
EGP 29.3 bn
Total assets at Q3- 2020end