Misr Bank injects LE 3 billion into your project initiative



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CAIRO: The Bank has injected £ 3 billion into your project initiative for around 58,000 clients, said Misr Bank Manager.

"We have 85,000 customers in the small business sector," Mohammed Al-Atribi, the bank's director, told the People and Banks conference.

Banks Ahli, Egypt, Cairo, agricultural and Egyptian, reconstruction and housing participate in the initiative of your project.

Al-Atrabi said the bank had injected about 3.5 billion pounds into the central bank's initiative in real estate finance.

As chairman of the Bank of Egypt, he is expected to end the benefits of the bank's 20% certificate in August 2019.

He pointed out that the certificate proceeds from the Egyptian and Egyptian banks amounted to £ 615 billion, noting that these certificates cost 23% of the banks' interest, which would affect their profitability over the course of the year. past year.

appointments

Bank Misr plans to finalize financing transactions exceeding 20 billion pounds

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