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Banque MisrEgypt

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This profile is actively maintained
Last update: 2024-11-15 14:36:57
Banque Misr branch New Borg Elarab city, Alexandria, Egypt. Photo: Abdelrhman 1990 via Wikimedia Commons (CC BY SA 3.0)

Active

This profile is actively maintained
Last update: 2024-11-15 14:36:57
Bank info
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About
Website http://www.banquemisr.com
Headquarters
151 Mohamed Farid St.
Cairo
Egypt
CEO/chair Hisham Ahmed Okasha
CEO
Supervisor
Ownership

Banque Misr is fully owned by the Egyptian state.

Banque Misr is an Egyptian bank founded by industrialist Talaat Pasha Harb in 1920. The bank has about 18,000 employees and serves a large base of more than 10 million clients in Egypt. The bank has about 700 local branches located nationwide. Banque Misr operates foreign branches in the United Arab Emirates and in France. In addition, the bank’s international presence includes subsidiaries in Lebanon and Germany, as well as representative offices in China, Russia, South Korea and Italy.

Sustainability
Commitments
Policies
Voluntary standards

Banque Misr's most important sustainability commitments can be found at the website sections lsited below.

Links

Responsible Banking and Sustainability

Sustainability Policy Statement

Date listed represents date as accessed on website
Bank policy
2023-01-12 00:00:00 | Banque Misr

Social responsibility policies

Bank policy
2014-07-22 00:00:00 | Banque Misr
Banque Misr has committed itself to the following voluntary standards:
Global Reporting InitiativeTags: sustainable development | human rights
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
UNEP Finance InitiativeTags: United Nations | sustainable development
United Nations Global CompactTags: United Nations | human rights
News
Resources
Documents
Accountability
Grievances

Banque Misr does not operate a complaints or grievances channel for individuals or communities that might have been afected by the bank's finance.

This page evaluates Banque Misr's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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Banks and Human Rights

Banks and Human Rights

BankTrack assessed Banque Misr in its 2021 Human Rights Benchmark Africa, where it achieved 0.5 points out of 14 and was ranked as a 'laggard'. More information is detailed in the "Accountability" section of this profile.

The BankTrack Human Rights Benchmark

Human Rights Benchmark Africa 2021

BankLast update
Country
Score
Ranking
Details
Banque Misr
EGY
0.5
Laggard 0.5
Explanation
Laggard
Follower
Front runner
Leader
0 - 3.5 points
4 - 5.5 points
6 - 8.5 points
9 - 14 points
For more details see this page.