
Agricultural Bank of Egypt finances sugar beet farmers in Fayoum
Bank expands in financing contract farming to raise standard of living of small farmers, support strategic food industries: Alaa Farouk
Bank expands in financing contract farming to raise standard of living of small farmers, support strategic food industries: Alaa Farouk
More than EGP 60bn in loans, and the deposit portfolio jumped to about EGP 120bn
Bank aims to be leading development institution supporting state efforts: Chairperson Farouk
Three public entities cooperate to support this national project
The contracts come as part of the Egyptian Rural Villages Development Project, whilst expanding the financing of agricultural projects, livestock, and related activities. They will also work towards providing all aspects of support and assistance to rural women.
AOI Chairperson Abdel Moneim El-Terras stressed that the agreement reflects President Abdel Fattah Al-Sisi’s directives regarding Egypt’s digital transformation. He also emphasised that AOI has allocated all its capabilities and technological expertise to developing Egypt’s banking institutions.