Banque Misr

AGRC Level 3 Certificates accredited by the London Institute of Banking and Finance (LIBF)

Retrieved on: 
Tuesday, March 12, 2024

LONDON, March 12, 2024 /PRNewswire-PRWeb/ -- The Association of Governance, Risk and Compliance (AGRC), a global, non-profit, professional accreditation and certification organisation and networking platform, has received accreditation for its seven Level 3 Certificates by the London Institute of Banking and Finance (LIBF), a leading UK academic institution aimed at advancing careers and professionalism by providing outstanding education and thinking tailored to the needs of business, individuals, and society.

Key Points: 
  • LIBF recognised the quality, breadth, and value of AGRC's set of professional qualifications, adding them to its collection of widely respected accredited programmes.
  • Similarly, seasoned experts can validate their knowledge and experience in these subjects by completing one of the many certificates available.
  • Rob Thompson, LIBF's Director of Banking Services, said: "We're delighted to be able to give our stamp of approval to AGRC's professional qualifications.
  • Detailed information on these programmes can be found here: https://agrc.org/qualifications/
    For any other inquiry regarding AGRC or LIBF and this accreditation, please contact:

11th ANNUAL BUSINESS ARCHITECTURE INNOVATION SUMMIT™ AGENDA ANNOUNCED

Retrieved on: 
Wednesday, January 11, 2023

SAN FRANCISCO, Jan. 11, 2023 /PRNewswire/ -- The Business Architecture Guild®, an international community of business architecture practitioners with members in over 100 countries, released the agenda for the 11th annual Business Architecture Innovation Summit™ to be held virtually and in-person in Reston, VA, USA, March 21–23, 2023.

Key Points: 
  • Agenda and registration now available for hybrid event on March 21 – March 23, 2023
    SAN FRANCISCO, Jan. 11, 2023 /PRNewswire/ -- The Business Architecture Guild®, an international community of business architecture practitioners with members in over 100 countries, released the agenda for the 11th annual Business Architecture Innovation Summit ™ to be held virtually and in-person in Reston, VA, USA, March 21–23, 2023.
  • Agenda and Registration Now Available for 11th Annual Business Architecture Innovation Summit on March 21-23, 2023
    The Business Architecture Innovation Summit™ is the premier event for business leaders seeking industry success stories and advancements.
  • William Ulrich, Guild President and Co-founder said, "This year's Summit agenda settles any doubt that business architecture has now reached every industry and corner of the globe.
  • The practice, as defined by the Business Architecture Guild®, has officially gone global and is being applied in an ever-widening set of strategy execution scenarios."

OPay Was Approved by The Central Bank of Egypt to Issue Prepaid Cards to Help Digital Finance Reform in Emerging Markets

Retrieved on: 
Friday, April 15, 2022

CAIRO, April 15, 2022 /PRNewswire/ --Emerging market fintech unicorn OPay has received preliminary approval from the Central Bank of Egypt (CBE) on April 13 to partner with Masria Digital Payments (MDP), Egypt's largest card provider, to issue prepaid cards in Egypt.

Key Points: 
  • CAIRO, April 15, 2022 /PRNewswire/ --Emerging market fintech unicorn OPay has received preliminary approval from the Central Bank of Egypt (CBE) on April 13 to partner with Masria Digital Payments (MDP), Egypt's largest card provider, to issue prepaid cards in Egypt.
  • OPay plans to issue 200,000 prepaid cards in the first phase, which will provide Egyptian users with convenient and fast non-bank financial services and promote the arrival of Egypt's cashless society.
  • OPay plans to issue 200,000 prepaid cards in the first phase to provide digital payment solutions for the local market.
  • After this financing, OPay has become a new financial technology unicorn in Emerging Markets, with a valuation of $2 billion.

Avanz Capital Egypt Establishes Avanz Manara

Retrieved on: 
Sunday, March 27, 2022

Avanz Capital Egypt announced today the establishment of Avanz Manara for Private Equity, Company Limited by Shares (Avanz Manara), an investment holding company established under the oversight of the Financial Regulatory Authority.

Key Points: 
  • Avanz Capital Egypt announced today the establishment of Avanz Manara for Private Equity, Company Limited by Shares (Avanz Manara), an investment holding company established under the oversight of the Financial Regulatory Authority.
  • Avanz Manara will work in partnership with the growing number of private equity and venture capital funds investing in Egypt to provide capital and global best practices to grow the private equity and venture capital industry in Egypt and attract international investors to support the growth of the countrys private sector.
  • The authorized capital of Avanz Manara is EGP 2 billion, with initial subscribed capital of EGP 905 million from Egyptian institutional investors.
  • Avanz Capital Egypt (ACE) is an Egyptian-domiciled investment manager established to manage Avanz Manara for Private Equity, Company Limited by Shares.

SWVL AND PAYNAS PARTNER TO EMPOWER CAPTAINS WITH INTEGRATED FINANCIAL SERVICES

Retrieved on: 
Monday, March 7, 2022

Paynas will provide Swvl drivers, also known as "captains," with integrated financial services capabilities by issuing Visa-powered Paynas Cards, in partnership with Banque Misr, to the Company's registered captain base and unlocking their access to the suite of financial and non-financial benefits offered through the Paynas platform, including earned compensation payouts, buy-now-pay-later services and insurance.

Key Points: 
  • Paynas will provide Swvl drivers, also known as "captains," with integrated financial services capabilities by issuing Visa-powered Paynas Cards, in partnership with Banque Misr, to the Company's registered captain base and unlocking their access to the suite of financial and non-financial benefits offered through the Paynas platform, including earned compensation payouts, buy-now-pay-later services and insurance.
  • The partnership is based on a revenue-sharing model through which Paynas and Swvl will share the revenues generated from the offered services.
  • Mostafa Kandil, Swvl Founder and CEO, said, "As fundamentally mission-driven companies, Swvl and Paynas share a common goal of helping underserved populations achieve greater social and economic equity.
  • Mohamed Mounir, Paynas Founder and CEO, said, "As a high growth company fundamentally altering the mass transit landscape, Swvl is an ideal partner for Paynas.

Egypt Banking Industry Report 2021 Featuring National Bank of Egypt, Banque Misr, Banque du Caire, Commercial International Bank, QNB Alahli, HSBC and Credit Agricole Egypt - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 9, 2022

The "The Banking Industry in Egypt 2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Banking Industry in Egypt 2021" report has been added to ResearchAndMarkets.com's offering.
  • This report on the Egyptian banking industry covers deposit-taking institutions, as well as central banking.
  • There are profiles of 16 companies including state-owned banks such as the National Bank of Egypt, Banque Misr and Banque du Caire, major private banks including Commercial International Bank and QNB Alahli and international banks in Egypt such as HSBC and Credit Agricole Egypt.
  • The pandemic fuelled significant growth in digital banking, with the value of electronic transactions growing exponentially.

World's banks accelerate shift to digital after COVID-19

Retrieved on: 
Wednesday, October 6, 2021

Incumbent banks are facing a major challenge in fighting off digital competitors, while all banks must harness technology in order to meet new decarbonization targets and regulatory requirements, as well as cater for rising consumer demands.

Key Points: 
  • Incumbent banks are facing a major challenge in fighting off digital competitors, while all banks must harness technology in order to meet new decarbonization targets and regulatory requirements, as well as cater for rising consumer demands.
  • Digital Vision: Digital Banking illustrates how digital technology is making banking smarter, greener and safer.
  • What has changed, however, is the massively accelerated shift to digital channels as a result of Covid-19.Atos is working with our banking customers and global partners to help navigate and accelerate business and digital transformation to deliver banks' priorities and ambitions.
  • The Digital Vision: Digital Banking paper builds on the experience of Atos as a leading digital partner to many of the world's banking, capital markets and insurance companies, providing integrated technology solutions that help financial services providers prosper in a rapidly evolving digital world.

Egypt: Team Europe - EIB and Banque Misr work together to support private businesses and speed up the recovery of SMEs from COVID-19

Retrieved on: 
Thursday, December 31, 2020

The EIB financing forms part of the EIB contribution to the Team Europe response to the COVID-19 crisis in the European Union partner countries.

Key Points: 
  • The EIB financing forms part of the EIB contribution to the Team Europe response to the COVID-19 crisis in the European Union partner countries.
  • Our new credit line comes at a time when SMEs need strong support to overcome the challenges created by the COVID-19 pandemic.
  • We are proud of our partnership with Banque Misr and the tangible impact that our project will have on peoples lives in Egypt.
  • Small and medium-sized enterprises create job opportunities and add value and innovation while delivering products and services that people need.
  • Today our partner, the EIB, is signing further important Team Europe funding, which will make a real impact on SMEs and eventually on peoples lives across Egypt, he added.
  • Banque Misr is the second largest bank in Egypt with a clear focus on SME lending and a large retail presence across all the governorates.
  • In 2019, Banque Misr served more than 123000 SMEs across the country, which makes it one of the largest supporters of the SME sector in the country.