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2 clusters · 4 sources · 13 days · First seen · Last updated

Banque Misr and Misr Exchange service expansion

Overview

Banque Misr and its subsidiary, Misr Exchange, are expanding their service capabilities in Egypt through physical network growth and digital financial solutions.

Misr Exchange has increased its presence to 76 branches following the opening of six new locations in areas including Sherbin, Fayoum, and Alexandria. The company intends to reach 80 branches by the end of 2026.

Simultaneously, Banque Misr is enhancing its support for the small and medium enterprise (SME) sector via its digital ‘Express’ financing system. This platform provides streamlined electronic applications for funding up to 5 million Egyptian pounds. The bank has also introduced specialized programs, such as ‘Express for Doctors’ and solar energy financing, to support medical professionals and the green economy.

Entities

Banque Misr · Central Bank of Egypt · Misr Exchange

Timeline

  1. 5 days ago

    [BUSINESS] 2 sources
    Banque Misr expands SME financing through digital Express system

    Banque Misr has launched digital financing solutions via its ‘Express’ system, offering SMEs up to 5 million EGP and solar energy projects up to 8 million EGP to support sustainable economic growth.

  2. 18 days ago

    [BUSINESS] 3 sources
    Misr Exchange expands Egyptian network to 76 branches

    Misr Exchange has expanded its Egyptian network to 76 branches following the opening of six new locations, with plans to reach 80 branches by 2026.

Sources

akhber-alwatan.com · bnokonline.com · elaosboa.com · eldyar.net