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Banque Misr signs protocol with IDA to finance establishment of industrial parks for MSMEs

Banque Misr and the Industrial Development Authority (IDA) signed a cooperation protocol to finance the establishment of industrial parks. Mohamed El-Etreby, chairperson of Banque Misr, and chairperson of the Industrial Development Authority (IDA) Ahmed Abdel Razek signed the protocol. The agreement includes Banque Misr offering financing for allocated projects and reviewing them within 15 days. …

Hossam Mounir

Banque Misr, CIB amend spending limits on cards abroad

Banque Misr and the Commercial International Bank (CIB) decided to amend the spending limits imposed on their cards for usage abroad. Other banks are still considering whether to follow suit. Mohamed El-Etreby, chairperson of Banque Misr, said that the bank changed the spending limit on its cards abroad. The bank’s Classic card spending limit was …

Hossam Mounir

NBE, Banque Misr raise limits on card usage abroad

Vice chairperson of the National Bank of Egypt (NBE) Yehia Aboul Fotouh said that the bank will raise the limit previously imposed on its cards for usage abroad on Sunday. He added that the bank also approved selling $300 to travellers who are not clients, whereas travellers who have had accounts at the bank for …

Mohamed Ayyad

Banque Misr launches service for credit score via ATM enquiry

Banque Misr launched a service that allows its customers to enquire about their credit score via ATMs. Mohamed El-Etreby, chairperson of Banque Misr, said that this service is part of the bank’s strategy to adopt the latest technologies in banking services to meet the needs of its clients and provide them with unique services. This …

Hossam Mounir