For the first time in Egypt, Banque Misr has partnered with Moody's to adopt the TP Catalyst Platform

In a significant move that underscores Banque Misr's leadership and strong standing in the Egyptian banking sector, the bank has entered into a strategic cooperation agreement with Moody’s. This partnership marks Banque Misr as the first bank in Egypt to adopt the Moody’s TP Catalyst platform, a tool esteemed for its standards in transfer pricing analysis and tax governance. The initiative is dedicated to enhancing principles of transparency and promoting exemplary governance practices.

 

The signing ceremony was witnessed by Mr. Ahmed Issa – Deputy CEO of Banque Misr, and Mr. Brendan Gavaghan , Moody’s Senior Director, Middle East and South Asia. The agreement was signed by Mr. Mohamed Sherif – CFO of Banque Misr, and Mr. David Tim Njoroge – Moody’s Associate Director – Tax / Transfer Pricing Solutions Middle East & South Asia, in addition it was attended by prominent representatives from both parties.