Tagged: banque misr

July 21, 2024 @ 2:20 pm By Michael Wong  |  

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 milestone in Egypt’s banking sector, as it embraces the latest technological advancements in… Read More

March 20, 2022 @ 3:39 pm By Omar Faridi  |  

Egypt’s largest national banking institutions – Banque Misr, National Bank of Egypt, and Banque du Caire – and Global Ventures, an MEA-focused VC firm – announced the launch of Nclude by Global Ventures, “following approval by the Central Bank of Egypt (CBE).” This “unprecedented” step… Read More

September 30, 2021 @ 8:47 am By Omar Faridi  |  

Three Egypt-based banking institutions will be establishing a 1 billion Egyptian pound Fintech fund (appr. $63.6 million) in order to offer support to Fintech firms (starting October 2021). The three banking institutions include the National Bank of Egypt, Banque Misr, and Banque du Caire, along… Read More

September 29, 2020 @ 8:53 am By Omar Faridi  |  

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 Vice Chairman of Banque Misr, confirmed that the digital banking platform would go live next… Read More