Banque Misr obtains $234 million to strengthen its lending to local very small and medium-sized enterprises

(Ecofin Agency) – The project aims to support entities which employ the vast majority of the Egyptian private sector workforce and which constitute the largest source of job creation in the country. Banque Misr, Egypt’s second largest state-owned bank, is to secure a $234 million foreign currency senior loan from the International Finance Corporation (IFC). … Read more