Talaat Harb died on August 21, 1941, after he had achieved for the Egyptian people an economic renaissance. He proved to the whole world the ability of the Egyptians and the Arabs to manage their works alone without foreign guardianship.

Talaat Harb succeeded in establishing the bank in 1920 as its establishment was celebrated on Friday evening, May 7, 1920 in Sultanic Opera House. It was founded with 180-thousand-pounds capital and the stock value was determined with four Egyptian pounds. At the end of its first year, the bank's capital increased to 175 thousand pounds and half million pounds in 1925 then to one million pounds in 1932. Banque Misr began in a modest corner in Sheikh Abu Sebaa street.
Banque Misr construction in the early twentieth century was considered the beginning of Egypt's economic independence as well as the revolution of 1919 was the start of political independence.