banque misr

Fitch Ratings lowers credit rating of 3 state banks and 1 private bank to B-

Tue, 14 Nov 2023 - 03:40 GMT

Fitch lowered its long-term issuer default rating for state-owned National Bank of Egypt, Banque Misr and Banque Du Caire, as well as Commercial International Bank (CIB)

Egypt new ‘highest interest ever’ dollar savings certificate

Tue, 01 Aug 2023 - 04:44 GMT

Egypt’s two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have on July 26 issued two dollar-dominated three-year certificates of deposits, at very special rates between 7 – 9 percent.

EBRD provides Banque Misr with $100M loan to support MSMEs

Mon, 17 Jul 2023 - 05:42 GMT

The EBRD elaborated that the provided loan will contribute to the expansion of Banque Misr's activities beyond the Greater Cairo region and help increase the availability of medium-term funding for underserved Egyptian MSMEs.

Egypt's Central Bank regulations for digital banks align with digital strategy: Banque Misr

Sun, 16 Jul 2023 - 03:50 GMT

El-Etreby stated that this step is an excellent move that aligns with Egypt's digital strategy, aiming to enhance financial inclusion, build a competitive digital economy, expand financial technology, and utilize digital solutions in providing financial services.

Mastercard extends partnership with Banque Misr to enhance digital

Tue, 14 Mar 2023 - 02:38 GMT

Mastercard will provide Banque Misr with bespoke payment technologies and advisory services

Banque Misr, NBE announces suspension of 25% saving certificates on Tuesday

Sun, 29 Jan 2023 - 04:54 GMT

The NBE said transactions in the highly yield certificates will terminate at the end of this month.

Banque Misr announces suspension of 25% saving certificates by end of January

Tue, 24 Jan 2023 - 02:21 GMT

El-Etreby affirmed earlier that the NBE and Banque Misr’s resort to offering this certificate aims to address inflation and attract foreign exchange, within the framework of the role played by the two banks as the two largest government banks in the market.

25% saving certificates to be suspended by end of January

Mon, 16 Jan 2023 - 10:33 GMT

On January 4, Banque Misr and the National Bank of Egypt (NBE) announced the launch of a one-year saving certificate with an annual interest of about 25 percent.

NBE, Banque Misr issue 25% saving certificates for a year

Wed, 04 Jan 2023 - 11:03 GMT

The return of the certificate is paid at 25 percent interest at the end of the term, or at a monthly rate of 22.5 percent.

Banque Misr receives TRAILBLAZING TELCO ACQUIRER – MENA Award for fastest growing acquirer in Ecommerce for Mobile Network Operators in the Middle East from Mastercard International

Thu, 27 Oct 2022 - 01:35 GMT

Banque Misr receives TRAILBLAZING TELCO ACQUIRER – MENA Award for fastest growing acquirer in Ecommerce for Mobile Network Operators in the Middle East from Mastercard International.

Banque du Caire joins the National Bank of Egypt and Banque Misr in a Strategic Partnership with IBAG, Western Union's first agent in Egypt

Sun, 11 Sep 2022 - 10:59 GMT

Banque du Caire joins the shareholding of IBAG, Western Union's first agent in Egypt, after purchasing a stake from Al Ahly Capital Holding - the National Bank of Egypt’s investment arm and Banque Misr.

EIB, Banque Misr strengthen cooperation to support SMEs and sustainability financing

Wed, 13 Jul 2022 - 09:17 GMT

The first technical assistance programme will further strengthen credit risk management and adoption of SME financing best practice to enable Banque Misr to increase financing for smaller companies.

NBE, Banque Misr suspends issuance of 18% saving certificate, offer new one with 14% return

Mon, 30 May 2022 - 05:18 GMT

The 18 percent saving certificates achieved an amount of about LE 750 billion in the two banks, as the proceeds of the 18 percent certificate amounted to LE 515 billion at the National Bank of Egypt and LE 240 billion at the Banque Misr since its issuance on March 21 until the end of work today, Monday.

NBE, Banque Misr garner over LE 679B from 18% saving certificates till now

Thu, 19 May 2022 - 05:30 GMT

The banks issued the certificates following an exceptional decision by the Central Bank of Egypt (CBE) last month to raise basic interest rates by 1 percent.

Banque Misr acquires all shares of Banque du Caire

Thu, 28 Apr 2022 - 02:05 GMT

According to the statement, the share that Banque Misr purchased in Banque du Caire belongs to the share of Misr Capital Company.

NBE, Banque Misr 18% saving certificates collect LE 581B in month

Thu, 21 Apr 2022 - 12:21 GMT

The certificates were offered on the back of an exceptional decision by the Central Bank of Egypt (CBE) to raise the base rates by 1 percent.

NBE, Banque Misr 18% saving certificates collect LE 105B in 3 days

Thu, 24 Mar 2022 - 02:18 GMT

The certificates were offered on the back of an exceptional decision by the Central Bank of Egypt (CBE) to raise the base rates by 1 percent.

Proceeds of NBE, Banque Misr's one-year saving certificate record LE13B on 1st day

Tue, 22 Mar 2022 - 04:11 GMT

The dollar renunciation rates of the two banks rose to more than 50 percent compared to the previous day.

NBE, Banque Misr issue one-year saving certificate with return of 18%

Mon, 21 Mar 2022 - 11:41 GMT

Deputy Chairman of the NBE Yehia Abul-Fotouh said that the ALCO committee at the NBE held an emergency meeting Monday, during which a decision was taken to issue a new saving certificate for one year.

Banque Misr, MCIT sign cooperation protocol on implementing API integration

Tue, 08 Feb 2022 - 02:20 GMT

Minister of Communication and Information Technology Amr Talaat and Board Chairman of Banque Misr Mohammed El Etreby witnessed the signing ceremony.

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