Banque Misr

Banque Misr was founded in 1920 by the pioneer economist Mohamed Talaat Harb Pasha, who came up with the idea of investing national savings and directing them toward economic and social development, making it the first Egyptian-owned bank.

Banque Misr has been involved in the establishment of companies in a variety of fields since 1920, including spinning and weaving, insurance, transportation, aviation, and cinema, and has continued to support all of its activities at a steady pace. Banque Misr currently owns equity in 163 projects, including financial, industrial, tourism, housing, agriculture and food, general service, and communication and information projects.

Banque Misr is an Egyptian bank that was formed in 1920 by industrialist Talaat Pasha Harb. Banque Misr is ranked 6th among Africa's biggest banks, with a 9 percent increase in capital to $3.4 billion and a 14 percent increase in assets to $49.4 billion, despite a 50% drop in earnings to $227 million. Banque Misr's credit facilities and loan portfolio totaled 272.2 billion pounds, accounting for 14.25 percent of the market, while its corporate and syndicate loan portfolio totaled 175.5 billion pounds. Lenders have offices in all of Egypt's governorates as well as work permit offices for foreign employees. Bank is now ranked 390th, up from 398th in 2019.

Founded: 1920

Headquarters: Cairo

Revenue: $3.4 billion

Website: http://www.banquemisr.com