Tag: Banque Misr

Industrial Development Bank posts EGP 1.7bn in pre-provision profits for 2024

The Ordinary and Extraordinary General Assemblies of the Industrial Development Bank (IDB)…

Hossam Mounir

Half of exporters’ dues for pre-June 2024 shipments to be paid in cash starting 7 August: Finance Minister

Ahmed Kouchouk, Minister of Finance, announced that 50% of the outstanding dues…

Daily News Egypt

Egypt’s Finance Ministry Honours Talaat Moustafa Group for Tax System Support

Egypt's Ministry of Finance has honoured Talaat Moustafa Group, the National Bank…

Daily News Egypt

Banks inject EGP 82.1bn into low-income mortgage initiative until April 2025

The Social Housing and Mortgage Finance Fund (SHMFF) has announced that banks…

Hossam Mounir

EBRD, Banque Misr provide $80m syndicated loan to Orange Egypt for 5G expansion

The European Bank for Reconstruction and Development (EBRD) and Banque Misr have…

Daily News Egypt

NBE, Banque Misr cut EGP savings rates by 1%, halt USD certificates with local currency payouts

The National Bank of Egypt (NBE) and Banque Misr announced interest rate…

Hossam Mounir

Banque Misr, ADCB arrange EGP 1.3bn syndicated loan for Palm Hills’ Casa Cook hotel project

A banking consortium led by Banque Misr, in cooperation with Abu Dhabi…

Hossam Mounir

Banque Misr arranges EGP 285.5bn in syndicated loans across key sectors in Q1 2025

Banque Misr announced it arranged, led, and marketed six syndicated loan deals…

Daily News Egypt

Banque Misr partners with MSMEDA in EGP 200m agreement to bolster small enterprises, expand working capital

Ahmed Eissa, Executive Vice President of Banque Misr, has signed a landmark…

Daily News Egypt

Banque Misr grants EGP 2.6bn credit facility to Hyde Park for ‘Sea Shore’ project

Banque Misr has signed a credit facility agreement with Hyde Park Developments,…

Daily News Egypt