Cairo – Mubasher: Banque Misr has taken part in 13 syndicated loans with a total value of EGP 22.73 billion ($1.415 billion) as a lead arranger, along with 12 financial agreements with a total value of EGP 26.28 billion ($1.636 billion) in which the bank acted as a financial marketer.
The bank ranked first among Egyptian banks marketing syndicated loans, according to a report released by Bloomberg.
Banque Misr also ranked fifth among financial marketers in Africa and sixth among lead arrangers of syndicated loans in the continent in 2019, the report showed.
The Egyptian bank comes third among marketers of syndicated loans and financiers of projects in Africa in 2018, holding a market share of 5%.