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Banque Misr Earns 81 Awards and Top Rankings from Leading Global Institutions in 2024

Jan 16, 2025 08:44 PM

In 2024, Banque Misr earned widespread acclaim and achieved top rankings across various sectors. These honors, awarded by leading international organizations, reflect the bank’s exceptional performance. Banque Misr excelled in Small and Medium Enterprises (SME) financing, receiving several prestigious awards, such as the Most Innovative SME Bank – Egypt 2024 from Global Business Outlook Magazine, the Best SME Bank – Egypt 2024 from both Brands Review and Global Brands magazines, the Best Banking Service Provider for Women Entrepreneurs – Egypt from Women’s Tabloid Magazine, and the Outstanding Achievement in MSME Financing and Bridging the Gender-Financing Gap from EMEA Finance for 2023.

Banque Misr was also recognized for its leadership in Corporate Social Responsibility (CSR), earning several global awards, including the title of Best CSR Bank – Egypt 2024 from Cosmopolitan The Daily Magazine, World Economic Magazine, Brands Review Magazine, International Finance Magazine, International Business Magazine, and The Global Economics Magazine. Additionally, the bank was awarded the Best CSR Initiative – Egypt 2024 by the MENA Banking Excellence Awards.

In marketing and branding, Banque Misr earned accolades such as Best Marketing Campaigns – Egypt 2024 by Cosmopolitan The Daily, Best TV Ad Campaign – Egypt 2024, and Best Banking Brand – Egypt 2024 by World Economic Magazine. Furthermore, the bank won the Best Social Media Marketing Initiative – MENA 2024 by The Digital Banker, the Best Marketing Campaign – Egypt 2024 by Boston Brand Research & Media's Global Brand Frontier Awards, and the Best Banking Brand – MENA 2024 by The European Magazine. It also received the Best Banking Brand – Egypt 2024 by Global Brands Magazine and was ranked among the Safest Banks in Africa 2024 by Global Finance.

Banque Misr’s performance in corporate and financial institution banking products earned it several awards in Euromoney Magazine’s Awards for Excellence. It was acknowledged as the Market Leader – Egypt and Best Service Provider – Egypt in the Trade Finance Survey for 2024. In the Cash Management Survey 2024, Banque Misr was named the Best Cash Management Bank for Client Service – Egypt, Best Bank for Cash Management Products – Egypt, Best Bank for Cash Management Technology – Egypt, Best Cash Management Bank for Collections – Middle East, Best Cash Management Bank for Corporate Cards – Middle East, Best Cash Management Bank for Receivables Automation – Middle East, and Best Cash Management Bank – Egypt.

In the field of retail banking, Banque Misr was awarded the Best Retail Bank – Egypt 2024 by Cosmopolitan The Daily Magazine, Best Retail Bank for Employee Experience – MENA 2024, and Best Payments Innovation – MENA 2024 by The Digital Banker.

The bank’s digital innovation efforts were also recognized, earning it the Domestic Digital Transformation Bank of the Year – Egypt 2024 by Asian Banking and Finance, Best Digital Transformation Program – MENA 2024 by The Digital Banker, and Best Bank in Promoting Finance and Digitalization – Egypt 2024 from the Excellence and Achievement Awards by the World Union of Arab Bankers.

Banque Misr received recognition for its treasury and correspondent banking services, including the Most Innovative Treasury Management Services – Egypt 2024 by Gazet International Global Magazine and the Best Bank for Treasury Services – North Africa 2024 by International Business Magazine. Additional accolades from The European Magazine included Best Treasury Management Bank – MENA 2024, Best Liquidity Management Provider – MENA 2024, Best Foreign Exchange Banking Provider – MENA 2024, and Best Cash Management Bank – Egypt 2024. In Euromoney's Cash Management Survey 2024, the bank was ranked as the Best Cash Management Bank – Egypt and the Best Cash Management Bank for Foreign Exchange – Middle East.

Banque Misr’s achievements in Islamic finance, corporate banking, and syndicated loans were significant in 2024. It was named Best Domestic Islamic Bank – Egypt 2024 by Euromoney Islamic Finance Awards and MEA Finance and won the Most Innovative Islamic Finance Products – Egypt 2024 by Gazet International Global Magazine. It also earned the IFN Mudarabah Deal of the Year 2023 by Islamic Finance News. For corporate banking, Banque Misr was recognized as the Best Corporate Bank – Egypt 2024 by Euromoney Magazine’s Awards for Excellence, The Global Economics Magazine, Global Brands Magazine, and International Finance Magazine. In syndicated loans, the bank ranked as the Second-largest Bank in both “Bookrunner” and “Mandated Lead Arranger” categories in 2024 by Bloomberg's Syndicated Loans League Table and won numerous awards from EMEA Finance Achievement Awards 2023, including Best Restructuring House – Africa, Best Restructuring Deal – Africa, Best Local Currency Loan – Africa, Best Syndicated Loan – Africa, Best Syndicated Loan – North Africa, Best Sub-Sovereign Syndicated Loan – MENA, Best Leisure Deal – Egypt, Best Petrochemicals Deal – Egypt, Best Real Estate Deal – Egypt, Best Tourism Deal – Egypt, Best Infrastructure Deal – Egypt, and Best Property Deal – Egypt.

Banque Misr received several awards for its performance in investment and financial markets, such as Best Provider of Short-Term Investments/Money Market Funds – Middle East 2024 by Global Finance Magazine and Best Investment Bank – Egypt 2024 by The Business Pinnacle Awards and Boston Brand Research & Media's Global Brand Frontier Awards. The bank was also recognized for the Best Financial Institution M&A Deal – Africa 2023 by EMEA Finance.

In internal audit, Banque Misr received the Best Bank for Internal Audit Practices – Egypt 2024 from both World Business Outlook Magazine and International Business Magazine. The bank’s human resources department earned the ISO 21001:2018 Certificate for quality management systems for educational organizations from OSS Middle East. In real estate financing, Banque Misr was honored with the Best Real Estate Bank – Egypt 2024 award by Euromoney Magazine Real Estate Awards.

Banque Misr reinforced its leading position in Egypt’s banking industry and demonstrated its commitment to international standards across different banking sectors by obtaining several ISO certifications, including ISO/IEC 27001 for information security management systems, ISO 9001:2015 for quality management, ISO 14001:2015 for environmental management, ISO 45001:2018 for occupational health and safety, ISO 37000:2021 for organization governance, ISO 37301:2021 for compliance management, and ISO 20400:2017 for sustainable procurement practices. It also received the PCI-DSS Certification 2023/2024 for payment card data security standards from Control Case.

These awards reflect the trust of Banque Misr’s valued customers, who remain the cornerstone of its success and true partners in every achievement. The bank continually strives to enhance the quality of its services, ensure long-term success, and actively provide services that meet its customers' needs. Furthermore, the bank's values and strategies consistently reflect its unwavering commitment to sustainable development and Egypt’s prosperity.