Banque Misr
Banque Misr is an Egyptian state-owned commercial bank founded in 1920, operating 886 branches and serving retail, corporate, SME, and Islamic banking customers through conventional and digital channels, with total assets of EGP 4,238 billion as of October 2025.
- Company typePrivate
- Founded1920
- HeadquartersCairo, Egypt
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Banque Misr does
Banque Misr is an Egyptian state-owned commercial bank founded in 1920 and headquartered in Cairo, operating one of the country's largest retail and corporate banking franchises. As of late 2025, the bank served customers through 886 domestic branches, 4,834 ATMs, and digital channels including BM Online internet banking, a mobile banking app, and BM Wallet, with 17.3 million+ cards issued. It provides retail banking (accounts, deposits, certificates, consumer loans, credit cards, BMVIP for high-net-worth clients), corporate banking (trade finance, syndicated lending, cash management), SME and microfinance lending (134,000 clients, EGP 49.3 billion portfolio), and Islamic banking under the Kenana brand offering Sharia-compliant Murabaha and deposit products. The bank also targets Egyptian expatriates via the BM Global service and the "Your Farm in Egypt" agricultural initiative.
The bank's core technology stack supports multi-channel conventional and Islamic banking, with proprietary digital platforms for internet and mobile banking, digital wallet payments, supply chain finance, and an SME lending platform (MSMEs Platform, ZAAT). It integrates with global and domestic payment networks — Visa, Meeza, Apple Pay, Fawry — and has built a fintech partnership layer (Souhoola, Kiwe, Money Fellows) for prepaid cards, social payments, and installment products. Recent product launches include solar energy financing for SMEs (up to EGP 8 million, 7-year tenor), supply chain finance on corporate banking, and the Kiwe social money mobile application.
Banque Misr earns revenue primarily through net interest income from a EGP 1,406 billion customer loan book and EGP 2.897 trillion deposit base, supplemented by transaction fees, commissions on trade finance and remittances, and income from syndicated and project financing arrangements (EGP 348.1 billion arranged in 19 deals during Jan–Nov 2025). Its go-to-market combines direct-to-consumer branch and digital channels, enterprise field sales for large corporates and developers, and channel partnerships with fintechs and government entities. The bank's state-owned status and over EGP 4,238 billion in total assets position it as a primary vehicle for Egyptian government-directed lending programs in MSME finance, sustainable development, and national infrastructure.
Banque Misr firmographics
Firmographics- Name
- Banque Misr
- Legal name
- Banque Misr
- Website
- https://banquemisr.com
- Company type
- Private
- Founded year
- 1920
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Banque Misr is an Egyptian state-owned commercial bank founded in 1920, operating 886 branches and serving retail, corporate, SME, and Islamic banking customers through conventional and digital channels, with total assets of EGP 4,238 billion as of October 2025.
- Ownership category
- akta.pro rank
Banque Misr industry classification
Industry- Product category
- Commercial Banking
- NAICS
- Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Islamic Retail Banking (FSABAGAA), Payables & Disbursements (ACH/SEPA, wires, checks, virtual cards) (FSABAIAB)
Keywords
Where Banque Misr is headquartered
LocationHeadquarters
- HQ city
- Cairo
- HQ country
- Egypt
- HQ region
- Africa
Offices3 records
Markets served
Banque Misr business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Net Interest Income: Interest income from lending activities minus interest paid on deposits. Core revenue stream for the bank from conventional and Islamic financing products.
- Fee and Commission Income: Transaction fees, account maintenance fees, card fees, and commission from services including trade finance, remittances, and digital banking services.
- Corporate Lending: Medium and long-term credit facilities to real estate developers, corporations, and large projects including syndicated financing arrangements.
- Project Financing: Financing for infrastructure, real estate development, and strategic projects through consortium lending and direct credit facilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Al-Qema Three-Year Fixed Certificate |
| Subscription | Monthly | Variable Rate Certificates |
| Subscription | Annual | Flex Plus Six-Month Term Deposit |
| Subscription | Monthly | Flex Plus Nine-Month Term Deposit |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels5 records
Banque Misr product offering
Product offeringCore offering
Banque Misr is a full-service commercial bank offering retail banking products (current and savings accounts, certificates of deposit, personal loans, credit cards), corporate banking services (trade finance, syndicated lending, working capital facilities), Islamic banking under the Kenana brand (Murabaha-based financing), and dedicated SME and microfinance platforms. It operates through an extensive physical distribution network of 886 branches and 4,834 ATMs supplemented by digital channels including BM Online internet banking, the BM Wallet mobile wallet, and partnership-driven fintech offerings.
Product overview
Banque Misr operates as a comprehensive full-service bank offering retail banking, corporate banking, and Islamic banking through a multi-channel distribution network spanning approximately 886 branches, 4,834 ATMs, internet banking (BM Online), mobile banking, and a digital wallet (BM Wallet). The product portfolio centers on core deposit products including the Al-Qema three-year fixed-return certificate and Flex Plus term deposits, supplemented by diverse lending products such as BM Express Loan for individuals, Short Term Loans for businesses, and SME financing through the MSMEs Platform. Islamic banking services operate under the Kenana brand offering Murabaha-based financing. Digital banking capabilities include BM Online internet banking, BM Wallet mobile wallet, and online account opening services. The bank also provides trade finance, corporate accounts, and business cards for commercial customers, with recent product launches including solar energy financing for SMEs and supply chain financing services.
Differentiator
Problem solved
Functional benefit
Brands
- Kenana: Islamic banking products and services offered by Banque Misr, including Kenana for business, Kenana Islamic credit card, Micro Financing Murabaha, and SMEs Financing Murabaha.
Products and services
- BM Online Internet and Mobile Banking
- BM Wallet Mobile Wallet
- BM Express Loan
- Banque Misr Express (Islamic)
- Short Term Loan
- MSMEs Platform
- Kenana Islamic Banking
- BMVIP Service
- BM Global (Banking for Egyptians Abroad)
- Al-Qema Three-Year Fixed Certificate
- Flex Plus Term Deposits
- Trade Finance
- Companies Cards (Visa Business Platinum)
- Supply Chain Financing Service
- SME Solar Energy Financing Product
- Souhoola Prepaid Card
- Kiwe Social Money App
- Apple Pay Service
Quantifiable outcome
- 41% increase in total assets from EGP 2,551 billion to EGP 4,238 billion within two years
- +2 more outcomes
Companies that use Banque Misr
Customer profileNamed customers7 records
Segments6 records
Ideal customer profiles4 records
Banque Misr technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature4 records
Banque Misr partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, minor and major.
- Egyptian Countryside Development CompanycoreTwo cooperation protocols supporting the 1.5 Million Feddan reclamation project including 'Your Farm in Egypt' initiative for expatriates and SME financing within the project.
- Amazon EgyptminorBanking partner for Amazon Egypt Mega Sale offering 0% interest installment plans during the promotional event.
- General Authority for Healthcare Accreditation and Regulation (GAHAR)minorCooperation protocol to provide financing solutions for medical facilities seeking to join Egypt's comprehensive health insurance system.
- Elsewedy ElectricminorStrategic partner in Elsewedy Electric's e-commerce platform launch providing banking services for electrical products.
- MARAKEZcoreEGP 3 billion medium-term credit facility to support developer's operations backed by Mall of Arabia commercial lease revenues. Total financing includes USD 64 million facility.
- SODICmajorEGP 3 billion revolving credit facility for up to four years supporting real estate operations and Vision 2030 aligned projects.
Scale indicators11 records
Recent moves7 records
Expansion highlights6 records
Banque Misr competitors and assessment
Company assessmentDirect peers
- Banque du Caire: Egyptian state-owned commercial bank with similar tri-segment retail/corporate/Islamic model and comparable branch-led distribution. Closest peer in terms of ownership structure and target customer mix.
- QNB Alahli: QNB Group's Egyptian subsidiary offering retail, corporate, and Islamic banking with significant deposit base and branch network. Comparable in product breadth and corporate banking capabilities.
- National Bank of Egypt: Egypt's largest state-owned commercial bank and direct competitor across retail, corporate, and Islamic banking. Highly comparable in ownership structure, deposit franchise scale, and CBE-mandated lending programs.
- AlexBank: Intesa Sanpaolo subsidiary operating as a full-service Egyptian commercial bank with retail, corporate, and SME focus. Comparable in deposit products and SME/microfinance exposure.
- Commercial International Bank (CIB Egypt): Egypt's largest private-sector bank, the primary benchmark for Egyptian banking ROE and digital execution. Directly comparable retail/corporate/SME offerings but with materially higher margins and faster digital adoption.
- Arab African International Bank: Egyptian commercial bank joint venture with strong corporate banking and trade finance franchise. Comparable in syndicated lending activity and corporate banking focus.
- Faisal Islamic Bank of Egypt: One of Egypt's earliest Islamic banks, providing Sharia-compliant retail, corporate, and investment banking. Directly comparable to Kenana on Islamic product offerings and target customer segments.
- Abu Dhabi Islamic Bank Egypt (ADIB Egypt): Egyptian Islamic banking subsidiary of ADIB Group with full Sharia-compliant retail and corporate franchise. Most directly comparable peer to Banque Misr's Kenana Islamic banking business.
Regional players
- Attijariwafa Bank Egypt: Moroccan banking group's Egyptian operations offering retail, corporate, and Islamic banking. Comparable in full-service model and Pan-African expansion aspirations, though primarily serves different geographic footprint.
Broad incumbents
- HSBC Egypt: Subsidiary of global banking group offering full-service retail and corporate banking. Overlaps in trade finance, corporate banking, and FX but as part of a broader international portfolio.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Banque Misr social profiles
Digital presenceBanque Misr compliance and trust
Trust signalCompliance3 records
Banque Misr financial estimates
Financial estimateRevenue estimate
Valuation estimate
Banque Misr leadership team
Management profileNumber of profiles
Profiles13 records
Banque Misr subsidiaries and ownership
Company hierarchySubsidiaries1 record
Banque Misr funding detail
Funding detailFunding overview
Funding rounds6 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Banque Misr M&A and investment
M&A and investmentM&A
Investments18 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Banque Misr
What does Banque Misr do?
Banque Misr is a full-service commercial bank offering retail banking products (current and savings accounts, certificates of deposit, personal loans, credit cards), corporate banking services (trade finance, syndicated lending, working capital facilities), Islamic banking under the Kenana brand (Murabaha-based financing), and dedicated SME and microfinance platforms. It operates through an extensive physical distribution network of 886 branches and 4,834 ATMs supplemented by digital channels including BM Online internet banking, the BM Wallet mobile wallet, and partnership-driven fintech offerings.
Is Banque Misr a public or private company?
Banque Misr is a private company. It is classified as state government owned and is currently operating.
When was Banque Misr founded?
Banque Misr was founded in 1920. It employs 5,001 to 10,000 people.
Where is Banque Misr based?
Banque Misr is headquartered in Cairo, Egypt, in the Africa region.
How does Banque Misr make money?
Four revenue lines are on record. Net Interest Income is the primary driver. The others are fee and Commission Income, corporate Lending and project Financing.
Who are Banque Misr's main competitors?
Direct peers on record are Banque du Caire, QNB Alahli, National Bank of Egypt, AlexBank, Commercial International Bank (CIB Egypt), Arab African International Bank, Faisal Islamic Bank of Egypt and Abu Dhabi Islamic Bank Egypt (ADIB Egypt). Attijariwafa Bank Egypt is listed as a regional player. HSBC Egypt is listed as a broad incumbent.
Does Banque Misr have an API?
No public API is recorded for Banque Misr.
What industry is Banque Misr in?
Banque Misr's product category is Commercial Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAGAA, Islamic Retail Banking. Its NAICS code is 52211 and its SIC code is 6022.