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Banque Misr (Arabic: بنك مصر) is an Egyptian bank co-founded by industrialist Joseph Aslan Cattaui Pasha and economist Talaat Harb Pasha in 1920. The government of the United Arab Republic nationalized the bank in 1960.
In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
First Abu Dhabi Bank - Misr (FAB), part of First Abu Dhabi Bank Group; Ahli United Bank - Egypt (AUB), part of Ahli United Bank Group; Faisal Islamic Bank of Egypt; Housing and Development Bank (HD-Bank), state-controlled; Al Baraka Bank of Egypt S.A.E. National Bank of Kuwait - Egypt (NBK), part of National Bank of Kuwait Group
The establishment of Banque Misr, [1] the first real Egyptian bank owned by Egyptian shareholders and staffed by Egyptian nationals, where Arabic (the national language) was used in all communications, was a major step in establishing a national economic identity. The idea of establishing Banque Misr first emerged in 1907.
Banque Misr; Banque Nationale de Paris; Banque Paribas; Barclays Bank; Byblos Arab Finance Bank; Cairo Amman Bank; Audi SAE-Egypt; Chase Manhattan Overseas Corporation; Chase National Bank of Egypt SAE; Citibank; Commercial International Bank; Crédit Commercial de France; Share of the Credit Foncier Egyptien, issued July 1905. Credit Foncier ...
National Bank of Egypt: 167.407 3 Banque Misr: 118.316 4 FirstRand: 93,365 5 Absa Bank: 87.134 6 Nedbank: 73.800 7 Attijariwafa Bank: 60.337 8 Banque Populaire: 47.915 9 Bank of Africa: 36.672 10 Access Bank: 33.448 11 Investec: 33.203 12 Banque Nationale d'Algérie: 32.229 13 Banque Extérieure d'Algérie: 29.966 14 Ecobank: 29.004 15 Zenith ...
Ahmed Medhat Yeghen Pasha (Arabic: احمد مدحت يكن باشا; 1878–1944) was an Egyptian politician who served as governor of Alexandria and minister of Agriculture. He was the co-founder of Banque Misr and its first chairman. He was a member of the Muhammed Ali Dynasty.
1995 — BC joined with Bank of Alexandria, National Bank of Egypt, Banque Misr and Kato Aromatics to found Cairo International Bank in Uganda. 1997 — Saudi Cairo Bank merged with United Saudi Commercial Bank to form United Saudi Bank. BC's share position fell to 9.8%. 1999 — Ownership of Banque du Caire et de Paris became BNP 76% and BC 22%.