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MIDBANK News

Jun 13, 2023

MIDBANK celebrates the Re-opening of Port Said branch.

MIDBANK celebrates the Re-opening of Port Said branch, after providing it with the latest banking systems. Amr El-Garhy: We aim to achieve the country's development goals. Developing and reopening the Port Said branch is an important step in the bank's plan to activate...

May 30, 2023

MIDBANK 3 years CDs with variable interest for individuals at a competitive interest rate

MIDBANK 3 years CDs with variable interest for individuals at a competitive interest rate Shaheen: MIDBANK’s certificate with variable interest encourages individuals to invest their money and get the highest competitive return. Cairo, May 30, 2023: MIDBANK announced the...

May 22, 2023

MIDBANK provides Cash in & Cash out service through Fawry machines

MIDBANK provides Cash in & Cash out service through Fawry machines Cairo, May 22, 2023: MIDBANK is excited to offer new services to its customers that incorporate the latest technological solutions in the Egyptian banking market. In collaboration with the Egyptian Banks...

Mar 20, 2023

MIDBANK offers a new savings certificate for individuals with a monthly return of 18%

Simple and easy procedures with a competitive return MIDBANK offers a new savings certificate for individuals with a monthly return of 18%, which is paid in advance Shaheen: The new certificate that we presented comes within the framework of the bank's strategy, which was...

Mar 12, 2023

Community activity by MIDBANK to support the health sector and the most deserved groups during 2022

Community activity by MIDBANK to support the health sector and the most deserved groups during 2022   MIDBANK succeeded in leaving a prominent mark in the field of social responsibility throughout 2022, as MIDANK launched a number of initiatives in the health sector, believing...

Feb 19, 2023

MIDBANK celebrates its participation in issuing securitization bonds worth EGP 100m

Within the private subscription of the New Urban Communities Authority MIDBANK celebrates its participation in issuing securitization bonds worth EGP 100m MIDBANK participated in offering securitization bonds worth 20 billion Egyptian pounds, as part of the private placement...

Feb 01, 2023

MIDBANK announces the implementation of special procedures to enable people with special needs

As a part of its strategy to achieve the goals of financial inclusion MIDBANK announces the implementation of special procedures to enable people with special needs to benefit from banking services and products MIDBANK announced its success in implementing special procedures...

Jan 01, 2023

MIDBANK sponsors the Arab Exhibition for Productive Families "Bayt Al Arab"

In cooperation with the Arab League and the participation of 12 countries MIDBANK sponsors the Arab Exhibition for Productive Families "Bayt Al Arab" to display and market handicraft products Wahba: We aim to spread financial literacy and expand the circle of financial inclusion...

Dec 01, 2022

MIDBANK wins the International Business Magazine Award for the best project bank for SME in 2022

Abou Zeid: This award confirms the great success achieved by MIDBANK in implementing the new strategy after the launch of MID-GO MIDBANK won the award for Best Project Bank for Small and Medium Enterprises in Egypt for the year 2022 from the International Business Magazine,...

Nov 11, 2022

The National Initiative for Smart Green Projects in The Governorates of Egypt

Within the activities of Energy Day, at the COP27 Climate Conference MIDBANK participates in a panel discussion entitled "The National Initiative for Smart Green Projects in The Governorates of Egypt" Iman Abuzeid: The role of banks in financing the transition to a green...

Nov 01, 2022

MIDBANK offers the Meeza prepaid card without the need to open an account

As part of its support for the CBE's initiatives to enhance financial inclusion MIDBANK offers the Meeza prepaid card without the need to open an account Omnia Shaheen: We are keen to strengthen our presence in the Egyptian banking market, and support the country's efforts...

Oct 09, 2022

MIDBANK increases its SME finance portfolio to 25% in September 2022

MIDBANK succeeded in increasing its SME financing portfolio to reach about 25% of the total net credit portfolio by the end of September 2022, thus, fulfilling the 25% minimum percentage set by the Central Bank of Egypt by December 2022, which is considered a new achievement...

Sep 04, 2022

MIDBANK joins a banking alliance to finance El Sewedy Electric Group with 300 million pounds"

MIDBANK signed a multi-purpose syndicated protocol worth 2 billion pounds with a share of 300 million pounds, with the aim of financing the capital requirements of supply contracts for El Sewedy Electric Group and its customer for 3 years which contributes in supporting...

Aug 23, 2022

MIDBANK launches “ElKul” Account for all Citizens

MIDBANK launches the fully integrated account “El Kul” from which will benefit a wider segment from the citizens including individuals and corporate owners, MIDBANK also allows opening bank accounts for non-bankers by facilitating the process of opening account “El Kul”...

Aug 02, 2022

MIDBANK Sponsors “Sports Alliance Co.” that supervise El Gouna Tennis Club

Midbank sponsors the Sports Alliance Co. Supervisor of El Gouna Tennis Club   MIDBANK inked an agreement to sponsor “Sports Alliance Co.”, the company managing El Gouna Tennis Club, with the goal of supporting various activities and events that contribute to discovering...

Aug 01, 2022

MIDBANK raises the financial awareness for youth by holding educational seminars

In efforts to promote financial inclusion for youth: MIDBANK hosts educational seminars in Egypt’s governorates for more than 1,500 people MIDBANK’s Financial Inclusion Department organized a tour in the governorates of Cairo, Giza and Port Said, as well as Helwan University,...

Jul 14, 2022

MIDBANK succeeds in raising the percentage of facilities for the small business segment to 10%

As part of its support for economic development plans MIDBANK succeeds in raising the percentage of facilities for the small business segment to 10%, to adhere the Central Bank's instructions Cairo, July 3, 2022: According to the bank's expansion goals to help small and...

Jul 06, 2022

After the approval of the Central Bank.. Al-Garhy as CEO of MIDBANK, and Arafat an Chairman

El-Garhy  is the CEO and Managing Director and Arafat is a non-executive Chairman   Cairo, July 6, 2022: The Central Bank approved the new composition of MIDBANK’s Board of Directors, which includes Dr. Amr El-Garhy as an “executive member”, and Mrs. Bahia Ahmed Ismail as...

Jul 03, 2022

MIDBANK launches MID-GO to support SMEs

MIDBANK has announced the launch of “MID-GO, Go with Your Ambition”, as part of the bank’s strategy that is based on infrastructure development, the development of various services and products for small and medium-sized enterprises (SMEs), and the application of an effective...

Jun 06, 2022

MIDBANK opens the first center for business development services in Beni Suef

As part of its participation in the "Nile Pioneers" initiative launched by the Central Bank of Egypt MIDBANK launches the first center for business development services in Beni Suef Governorate   MIDBANK launched a center for business development services in Beni Suef Governorate,...

May 09, 2022

MIDBANK obtains a license to establish a Company to conduct consumer finance activity "MID Takseet

In line with its strategy to develop services and products and increase its customer base MIDBANK Obtains a License to Establish a Company for Consumer Financing namely: "MID-Takseet"   Cairo, May 12, 2022: MIDBANK obtained the approval of the Financial Supervisory Authority,...

May 02, 2022

El Garhy: Choosing Amer to chair the meetings of the World Bank Group is an evidence of Egypt's

Dr. Amr El-Garhy, Chairman of the Board of Directors of MIDBANK , said: “The selection of Tarek Amer, Governor of the CBE , to chair the meetings of the World Bank Group and the International Monetary Fund, scheduled to be held in October 2022, reflects the great confidence...

May 01, 2022

Karim Wahba: Head of Marketing and Corporate Communications at MIDBANK

Karim Wahba joined MIDBANK as Head of Marketing and Corporate Communications since May 2022, where his duties include developing and implementing marketing and social responsibility plans and strategies for the bank, in addition to his responsibility for all external and...

Mar 01, 2022

MIDBANK opens a new branch inside Arkan Plaza in Sheikh Zayed

MIDBANK opens its newest branch inside Arkan Plaza in Sheikh Zayed   Cairo - March 2022: MIDBANK opened its newest branch in “Arkan Plaza” in the Sheikh Zayed area, as part of its plan to expand the customer base and the number of branches, and to activate the bank’s strategy...

Dec 19, 2021

MIDBANK wins the International Global Business for the best corporate identity and re-branding

MIDBANK wins International Global Business Award for Best Identity and Brand Development in Egypt for 2021   MIDBANK won the top bank re-branding award in Egypt for 2021 from Global Business magazine, after it launched its new corporate identity “MIDBANK” last March under...

Dec 12, 2021

MIDBANK launches VISA Signuature to provide distinguished and unique services for its customers

Medbank launches the "VISA Signature" credit card to provide distinguished and unique services to its customers MIDBANK announced the launch of the “VISA Signature” credit card in cooperation with Visa, the world’s leading company in the field of digital payments technology,...

Nov 06, 2021

MIDBANK signs a protocol with 6th of October university for opening a new branch on campus

Within the framework of the bank's strategy to reach the largest base of customers and age groupsMidbank signs a cooperation protocol with October 6 University and opens its newest branch on the university campus Amr El-Garhy: The protocol aims to integrate young people...

Nov 01, 2021

Egypt's MIDBANK Selects Temenos to Power its Digital Transformation

Temenos Transact and Temenos Infinity will power the bank's digital banking transformation to meet customers’ future needs as an agile, high-touch, high-tech bank                                                                                                                              Cairo,...

Sep 09, 2021

Arkan Palm receives EGP 1.5bn bank finance for 1st phase of ‘205’ real estate project

A banking alliance gives “Arkan Palm” company 1.5 billion pounds   A banking alliance led by the Egyptian Export Development Bank as the initial main arranger, general coordinator and financing and guarantee agent, and with the participation of 4 other banks represented...

Mar 08, 2021

"MIDBANK" launches its new brand in the Egyptian market

MIDBANK announces a new brand identity and an ambitious strategy that caters for development and growth.   MIDBANK launched its new brand identity in the Egyptian market with “Empowering Your Future” slogan; this comes along the banks ambitious strategy that targets absolute...

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