22 Sep 2015
(MENAFN) Africa Import Export Bank (Afreximbank), the Egypt based bank whose primary objective is to promote and finance trade within the African continent and trade between Africa and other continents, is expecting growth.
Current total capital of the bank is about USD1.2 billion and is projected to hit USD2 billion soon, while its assets which are currently worth USD6.3 billion are promised by the bank’s new president to reach USD7 billion in 2016.
The bank announced its yearly strategy, which consists of turn the African economy into a true broad economy by focusing on the promotion of intra-African trade, with the vital result of transforming the export sector in Africa.
Furthermore, the bank stressed on the fact that when there is intra-trading, Africa will have cooperative advantage, and can compete with other countries like China, plus the urge of encouraging manufacturers to exports goods.
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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