The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) signed an EGP 200 million contract with Banque Misr to back small enterprises and provide working capital.

Banque Misr and the National Bank of Egypt (NBE) cut interest rates on their three-year term certificates of deposit (CDs) in US dollars by 0.5%, effective March 17th.

Banque Misr signed a medium-term credit facility deal worth EGP 2.6 billion with Hyde Park Developments.

Fawry partnered with Banque Misr and Egyptian Banks Company for Technology Advancement (EBC) to launch a new cash in and out interoperable for e-wallets via Meeza Digital Scheme

Mastercard has partnered with Money Fellows and Banque Misr to launch prepaid card to drive financial inclusion in Egypt.

Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) and Banque Misr inked a financing agreement worth EGP 300 million

Banque Misr, Egypt's second-largest state-owned bank, plans to establish a real estate development and asset management company with a capital of EGP 4 billion.

El Zahy Group, a local player in the construction sector, has signed a syndicated loan agreement worth EGP 4.2 billion with the National Bank of Egypt (NBE), Banque Misr, and QNB Egypt.

Banque Misr has conducted the country’s first digital public auction to sell real estate assets.

Banque Misr has spearheaded a banking alliance, including EG Bank, and Suez Canal Bank, to extend joint financing worth EGP 2.8 billion to Landmark Developments.

The Egyptian Company for Natural Gas Distribution to Cities (Town Gas) has signed a protocol with Banque Misr, allowing customers to pay for gas delivery in installments.

Banque Misr reduced interest rates on its high-interest USD certificates of deposit (CDs) by 0.5%.

Banque Misr achieved a significant increase in net profit for the full year ending December 31st, 2023, reaching EGP 52.9 billion.

Al Khair River for Development Agricultural Investment and Environmental Services (KRDI) has fully paid off the credit facilities of EGP 5 million owed to Banque Misr.

Chairman of Banque Misr Mohamed El-Etreby confirmed the upcoming leadership changes at Egypt's largest two public banks.

Banque Misr now allows its customers to exchange up to $5,000 in foreign currency when traveling abroad, as per an announcement.

The Sixth of October Development and Investment Company (SODIC) has signed a long-term syndicated facility agreement with Banque Misr and the Commercial International Bank (CIB) valued at EGP 4.41 billion.

Banque Misr has signed a credit facility agreement worth EGP 500 million with Tanmeyah, a subsidiary of EFG Holding, to support small and micro enterprises in Egypt, as per an emailed press release.

he National Bank of Egypt (NBE) has reduced foreign exchange (FX) markup fees to 5% from 10% for credit cards.

The National Organization for Social Insurance (NOSI) has signed a cooperation protocol with Banque Misr, in cooperation with e-finance for Digital and Financial Investments, to activate e-collection mechanisms.