Egypt’s Banque Misr to launch its first Riyadh branch by the end of 2021: Bank’s head

Head of Egypt's Banque Misr is hoping to launch the bank’s first branch in Riyadh by the end of this year, he said in an interview with Al-Arabiya. 

Mohamed El-Etreby said that talks are taking place regarding the organisation of work of Saudi Arabia’s branch.

El-Etreby noted that he expects Banque Misr to obtain a digital bank license by the first quarter of 2022, stressing the bank’s vision towards financial technology and digital banks.