Banque Misr

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.

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

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

• Retail banking services
• Corporate banking
• Islamic banking
• Sme financing
• Trade finance

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. 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.
2. Fee and Commission Income: Transaction fees, account maintenance fees, card fees, and commission from services including trade finance, remittances, and digital banking services.
3. Corporate Lending: Medium and long-term credit facilities to real estate developers, corporations, and large projects including syndicated financing arrangements.
4. Project Financing: Financing for infrastructure, real estate development, and strategic projects through consortium lending and direct credit facilities.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels5 records

Core 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

Named customers7 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core, minor and major.

• Egyptian Countryside Development CompanycoreStrategic or Co-development Partner · 21 June 2026Two 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 EgyptminorGTM or Marketing Partner · 13 May 2026Banking partner for Amazon Egypt Mega Sale offering 0% interest installment plans during the promotional event.
• General Authority for Healthcare Accreditation and Regulation (GAHAR)minorStrategic or Co-development Partner · 6 April 2026Cooperation protocol to provide financing solutions for medical facilities seeking to join Egypt's comprehensive health insurance system.
• Elsewedy ElectricminorChannel Partner/ Reseller/ Distributor · 12 February 2026Strategic partner in Elsewedy Electric's e-commerce platform launch providing banking services for electrical products.
• MARAKEZcoreStrategic or Co-development Partner · 7 February 2026EGP 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.
• SODICmajorStrategic or Co-development Partner · 29 November 2025EGP 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

Direct 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

• Xx.com/banquemisr
• LinkedInlinkedin.com/company/banque-misr

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds6 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments18 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Banque Misr