As part of the bank's expansion strategy and to promote financial inclusion by providing financial services to all segments of society, Mr. Mohamed El-Etreby, Chairman of the Board of Directors of Banque Misr, inaugurated the Banque Misr-EgyptAir branch at the headquarters of EgyptAir Holding Company on Tuesday, July 30, 2024. The inauguration was attended by Eng. Yehia Zakaria, Chairman of the Board of Directors of EgyptAir Holding Company; Captain Mohamed Moussa, Chairman of the Board of Directors of EgyptAir Airlines; Mr. Maged Abdullah, Head of the Branches Sector; Mr. Moataz Motawea, Head of the Retail Banking Sector at Banque Misr, and other leaders from the bank and EgyptAir Holding Company.
The opening of the branch marks a new step towards enhancing cooperation and integration between the two parties. It continues the vision of Talaat Harb Pasha, a pioneer of the national economy, who conceived the idea of establishing Banque Misr in 1920. He championed the concept of national savings and directed those savings towards economic and social development, leading to the establishment of the first bank owned by Egyptians. Since its inception, Banque Misr has established numerous companies in various fields. EgyptAir, founded in 1932 with a capital of 40,000 pounds, is among the first companies established by Banque Misr. EgyptAir is recognized as the 13th national company that a banking institution contributed to establishing under the leadership of the pioneer of the Egyptian economy and founder of Banque Misr, Mohamed Talaat Harb Pasha.
The new branch is part of the bank's network, which consists of approximately 850 branches and banking units across the country. This expansion aims to make it easier for customers to access their accounts from any branch and serve many company employees. Banque Misr is distinguished by having the largest network of branches in the country, all electronically connected to function as a single branch. Additionally, the bank operates an advanced network of over 5,500 ATMs equipped with the latest technology for withdrawals, deposits, currency exchange, bill payments, donations, and cash transfers. Moreover, Banque Misr is the first bank to offer withdrawal and deposit services for electronic mobile wallets through its ATM network.
Bank Misr is always striving to enhance the excellence of its services, maintain long-term success, and effectively participate in providing services that meet the needs of its customers. The values and work strategies of Bank Misr always reflect the bank's commitment to sustainable development and prosperity for Egypt.
