Over the review period, Banque Misr expanded its already strong footprint in the Egyptian real estate market, thanks to its focus on digitalization and inclusivity.
The bank ranked first in real estate finance activity in the country, granting a total of E£4.1 billion ($83 million) in real estate loans.
Its loan portfolio in the space expanded by 30% year-on-year to approximately E£20 billion, surpassing competitors in terms of growth and market share.
A key driver behind this was Banque Misr’s commitment to expanding its customer base, which grew by 15%, to approximately 137,000 customers.
This growth in customer numbers, especially in the younger demographic, was fuelled by increased convenience achieved by the bank’s recent technological investments.
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