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FINANCIAL NEWS
Banque du Caire to inject up to EGP1bn
09 Jan 2017
(MENAFN) Banque du Caire plans to inject more than EGP1bn in a number of economic sectors amid this year, which include transportation, logistics, industry and food.
Accordingly, the bank organized a number of syndicated loans for different economic sectors worth almost EGP8.565bn during 2016.
Furthermore, the bank’s granted credit facilities amounted to EGP258mn until Nov 2016 to a variety of sectors and activities, involving automotive.
Additionally, the bank also increased credit facility limits given to clients by EGP819mn and is recently granting the necessary approvals for new customers.
M
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