Egypt’s Banque Misr, which is the nation’s second-largest commercial bank, is reportedly planning to launch an all-digital or digital-only bank during the third quarter of 2021. Akef El Maghraby, the ...

The global turmoil of 2022 posed a severe test for Banque Misr and its more than 10 million customers. The one-two punch of Russia’s invasion of Ukraine and the foreign-currency crunch caused by ...

Misr Digital Innovation, the investment arm of Banque Misr, has received approval from the Central Bank of Egypt to launch One Bank, the country’s first native digital bank. This marks a significant ...

In the 2024 ranking of African banking groups, Nigerian banks have emerged as the leaders, while Moroccan and South African banks have notably fallen behind. Guaranty Trust Bank (GTB), though only the ...

The Egyptian bank is to launch a digital bank as Covid-19 accelerates the government’s push for a cashless society. Banque Misr, Egypt’s second-largest commercial bank, is preparing the ground for the ...

DUBAI (Reuters) - Banque Misr , one of Egypt's biggest lenders by assets, is raising a five-year syndicated loan guaranteed by the country's central bank, sources close to the situation said. The bank ...

The negative CreditWatch listing on Bank Misr (BM) reflects that on the sovereign. We will therefore resolve the CreditWatch placement of the bank soon after the resolution of the CreditWatch listing ...

Egypt's central bank began the sale of 30% of United Bank on Wednesday, marking only the second privatisation of a state-owned Egyptian lender in four years after a gap of more than a decade. Reuters, ...