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Banque Misr actively participates in Arab Financial Inclusion Day and provides many complimentary benefits and promotions to support financial inclusion under the supervision of the Central Bank of Egypt.

Apr 08, 2024 11:57 AM

Due to Banque Misr's commitment to supporting the government's efforts to achieve financial inclusion and following Egypt's Vision 2030 to accomplish sustainable growth, the Bank offered many free benefits and promotions on Arab Financial Inclusion Day under the supervision of the Central Bank of Egypt. This stems from its belief in achieving financial inclusion, which aims to enable all segments of society to access financial products and services that satisfy their diverse needs, such as savings accounts, current accounts, payment and transfer services, insurance, financing, and credit. The Bank is dedicated to offering a variety of complimentary benefits and promotions throughout the event, from April 1 to April 30, 2024, to cater to all customers, particularly women and youth, who represent the largest demographic in society.

Banque Misr provides many different financial products and services with free benefits and promotions on Arab Financial Inclusion Day, including, for example, opening accounts for new clients without fees and without a minimum for opening accounts and the possibility of obtaining an exempt Meeza prepaid card from issuance fees. It is also possible to open current and savings accounts for "Mongez" economic activity, with exemption from account opening expenses as well as the minimum amount for opening the account, and exempting the Meeza instant debit card linked to "Mongez" economic activity accounts from issuance expenses. When subscribing to and activating the Banque Misr electronic wallet BM Wallet, 20% of the transaction is recovered. The initial financial statement during the effective period is subject to the application of the terms and conditions regulating this.

The Bank also provides many other benefits and promotions, including issuing the TEENS prepaid card within the youth program for clients under 16 years old, issuing the BM card for free from 16 to 21 years old, and opening accounts for free without requiring guardian approval, as well as making it possible to open youth accounts for clients from 21 to 35 years old, with the issuance of a free GO card debit card. These accounts and cards are part of the youth program available in all of the Bank's branches, which offers many benefits to its clients, in addition to exemption from credit card issuance expenses in the event of obtaining a personal loan/Murabaha by proxy from the Bank. In addition, bank employees outside the branches will be present in many gathering places in all governorates, such as universities, schools, sports clubs, youth centers, commercial malls, and others during the event period, to promote the Bank's products and services. 

Banque Misr is always keen to participate in all initiatives and campaigns launched by the Central Bank, especially the campaigns to support financial inclusion, as well as support women by providing various financial services and supporting entrepreneurs who own micro-projects, which contributes significantly to supporting the Egyptian economy and raising the standard of living of individuals.

Banque Misr is considered one of the first banks to contribute to education and financial inclusion since its launch in Egypt in 2014 under the supervision of the Central Bank of Egypt, in addition to adopting several programs for education and economic inclusion, including, for example, supporting owners of small and medium enterprises within the "Nile Pioneers" initiative. Under the supervision of the Central Bank of Egypt, the Bank is also working at its total capacity to develop and create banking products that suit all age groups and in line with current technological development, to keep pace with customer aspirations as well as taking into account all groups to include them and achieve financial inclusion.