Tag: ABE

ABE reports impressive growth in business results for 2023

Loan portfolio increases to EGP 78.8bn, benefiting 543,177 customers with 23% growth

Hossam Mounir Hossam Mounir

ABE’s loan portfolio grows by 19% to EGP 77.8bn in November 2023

Bank follows President Al-Sisi’s directives to boost agricultural sector, says Farouk

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ABE offers soft loans for cattle import, milking machines

Bank’s initiative provides loans with 5% decreasing interest rate

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ABE to finance goldsmithing workshops in partnership with Ministry of Supply

Bank will fund workshops that meet specified conditions with initial amount of…

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ABE supports comprehensive development efforts in Sinai

‘Bab Rizq’ programme empowers Sinai women, organizes medical convoys, distributes food, facilitates…

Daily News Egypt Daily News Egypt

ABE reveals key features of bank’s financing structure until end of September 2023

Bank injected EGP 45.025bn worth of financing to SMES, accounting for 64%…

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ABE to increase funding for farmers: Agriculture Minister

Total funding reaches about EGP 7bn, of which about EGP 500m provided…

Daily News Egypt Daily News Egypt

ABE obtains funding worth EGP 3.583bn from MSMEDA

Amount was used to finance 160,000 micro, small enterprises in various sectors

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ABE receives first batch of locally produced wheat 

Bank receives 277,000 tonnes of wheat with total value of EGP 2.8bn

Daily News Egypt Daily News Egypt

ABE expands banking services in South Sinai, opens newest branch in Sharm El-Sheikh

New branch opening comes within bank’s framework to expand branch network, provide…

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