Bank of Alexandria secures European Investment Bank backing

Bank of Alexandria secures European Investment Bank backing

This is the second advance from the development institution in five years. 

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            ▪ Bank of Alexandria secures European Investment Bank backing

▪ This is the second advance from the development institution in five years. 

https://www.africabusinessplus.com/en/814328/bank-of-alexandria-secures-european-investment-bank-backing/

The teams led by the German Werner Hoyer, President of the European Investment Bank (EIB), confirmed the investment before the Christmas holidays. The $15 million, channelled to the Bank of Alexandria (AlexBank), will ultimately support sustainable development activities in the North African country.

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