Banque Misr receives $160m financing from AfDB and PBOC
Egypt’s second-largest bank will use the liquidity partly provided by the pan-African bank and China for loans to large companies and SMEs in agriculture, industry and ICT.
Someone shares this article with you
▪ Banque Misr receives $160m financing from AfDB and PBOC
▪ Egypt’s second-largest bank will use the liquidity partly provided by the pan-African bank and China for loans to large companies and SMEs in agriculture, industry and ICT.
▪ https://www.africabusinessplus.com/en/813797/banque-misr-receives-160m-financing-from-afdb-and-pboc/
Familiar with international and multilateral financing, the public financial group Banque Misr will receive financial support from the African Development Bank (AfDB).
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Bank
27/07/2023 at 14h53, by Africa Business+
Egypt: World Bank continues to support Al Baraka Bank
In the wake of several currency devaluations, the country’s weak banks have sought funding from international...
Bank
27/04/2023 at 17h48, by Africa Business+
EBRD preferred by Mohamed el-Etreby, Banque Misr
Egypt’s second-largest Bank is turning to development institutions to fund itself and expand its SME...
Commercial banking
03/01/2023 at 17h00, by Africa Business+
Bank of Alexandria secures European Investment Bank backing
This is the second advance from the development institution in five years.
New technologies
17/11/2022 at 17h47, by Africa Business+
Moustapha Sow, SF Capital : “Our strategy in microfinance is to make further acquisitions”
The Senegalese investment bank is making a strategic shift by acquiring Microsen, a microfinance specialist....
Bank
03/11/2020 at 15h42, by Africa Business+
Bank Misr working to strengthen Banque du Caire while awaiting its IPO
The public bank and its subsidiary are seeking financing, while the latter’s listing has been postponed...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on at the bottom of your screen.
2. Click on to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.