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Banque Misr signs a Cooperation Protocol with Business Boomers to provide SMEs With Financial Solutions and Products

Nov 07, 2022 12:00 AM

Banque Misr and Business Boomers recently signed a cooperation protocol; where Mr. Amr Demerdash - Head of the SMEs, Microfinance and Islamic Finance Sector at Banque Misr, and Mr. Tarek Bakry – CEO of Business Boomers Company signed the Protocol, aims at launching a joint initiative to provide SMEs clients of both entities with financial solutions and products and non-financial services and solutions through Banque Misr and the Company in order to provide added value to clients that includes all solutions and products that fulfill the needs of this category. The Agreement includes clients of both parties dealing on the electronic platforms, the E-Express loan platform “of Banque Misr” and e-platform "of the Company", to expand and provide various solutions that save time and effort for the clients.


Business Boomers is one of the leading companies in the field of integrated solutions for e-commerce, comprehensive online business services in Egypt, producing and developing software and applications and creating, operating and training databases and electronic information systems, through its multilingual platform, which helps merchants to establish and manage online or offline businesses through e-store applications, smart phone software and point of sale in addition to helping Egyptian manufacturers to market and sell their products on the Internet.


It is worth mentioning that Banque Misr attaches great importance to the Project Sector of all sizes and to consolidate the concept of entrepreneurship as the engine of economic growth. The Bank signs many initiatives and protocols that support SMEs. The Bank also supported the project, through its business development centers (NilePreneurs Initiative), where the Bank, through its business development centers, has provided 30,000 non-financial services to entrepreneurs and project owners, in order to unlock the latent energies of youth, increase the number of small and medium projects, and encourage start-ups and existing companies in the targeted economic sectors; to enhance the local product through a national industry that has the ability to compete and conquer new markets at the international level, as Banque Misr's work values and strategies always reflect its commitment to the sustainable development and prosperity of Egypt.