Banque Misr Partners with Moody’s to Launch TP Catalyst Platform for the First Time in Egypt

In a pioneering move that reinforces Banque Misr’s leadership in the Egyptian

banking sector, the bank has signed a strategic cooperation protocol with Moody’s

becoming the first bank in Egypt to adopt the Moody’s TP Catalyst platform The globally

recognized solution enhances transfer pricing analysis, tax governance, and promotes

transparency and regulatory compliance The signing ceremony was attended by Mr Ahmed Issa,

Executive Vice President of Banque Misr, and Mr Brendan Gavaghan, Head of Middle East and South

Asia at Moody’s The agreement was officially signed by Mr Mohamed Sherif, Chief Financial Officer

at Banque Misr, and Mr David Tim Njoroge, Head of Transfer Pricing and Tax Solutions for the Middle

East and South Asia at Moody’s, along with a distinguished delegation from both institutions

TP Catalyst: Enhancing Transfer Pricing Risk Management and Strategic Decision-Making

With this partnership, Banque Misr will leverage Moody’s TP Catalyst, a leading

global solution that facilitates in-depth transfer pricing risk assessment The platform enables the bank to

Strengthen international tax compliance

Enhance transfer pricing risk management across its subsidiaries

Improve strategic decision-making

Build a robust, future-ready transfer pricing framework

Banque Misr Affirms Commitment to Global Standards and Sustainable Growth

Commenting on the collaboration, Mr Mohamed Sherif, CFO at Banque Misr, stated

This strategic partnership represents more than just a technological advancement

it underscores Banque Misr’s unwavering commitment to fairness, sustainable growth, and

adopting international best practices It also aligns with our vision to integrate innovative solutions

that enhance transparency, governance, and operational efficiency across our local and international activities

From Moody’s side, Mr Brendan Gavaghan added”We are proud to partner with Banque Misr on this

landmark initiative By establishing a dedicated transfer pricing and international tax management function

Banque Misr is setting a new standard for the financial sector in Egypt and beyond With TP Catalyst, the

bank is not only ensuring compliance but also unlocking strategic value that will drive sustainable growth

First-of-its-Kind Initiative in Egypt’s Banking Industry

The adoption of TP Catalyst marks a first in the Egyptian banking sector, showcasing

Banque Misr’s proactive role in embracing digital transformation, fiscal transparency

and advanced tax technologies It highlights the bank’s leadership in setting a precedent for

Tax governance innovation

Establishing a centralized transfer pricing function

Creating a replicable model for tax compliance and risk management across the region

Supporting Egypt’s Sustainable Development Vision

This initiative aligns with long-term strategy to support Egypt’s economic

development goals by embracing digital innovation, transparency, and international compliance

standards The move further consolidates the bank’s role as a key player in advancing sustainable

financial practices in Egypt and the wider MENA region