Latest in Tag: AIBank Highlight

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Latest in Tag: AIBank


EFG Hermes, aiBANK support National Initiative for Green Smart Projects in line with COP27

EFG Hermes, aiBANK support National Initiative for Green Smart Projects in line with COP27

The initiative, which also comes as part of Egypt’s National Climate Change Strategy 2050, is a first of its kind in the field of sustainable and climate-smart development. Led by the Ministry of Planning and Economic Development, the initiative aims to develop a comprehensive roadmap at the governorate level for smart green projects and looks at ways to attract the required funding to bring these projects to life. A committee, led by Mahmoud Mohieldin, the jury chairperson for the initiative, and the UN Climate Change High-Level Champion for Egypt, will select 18 winning projects to present during the COP27 in Sharm El-Sheikh.

Daily News Egypt

aiBANK launches campaign to finance SMEs with EGP 10m

aiBANK launches campaign to finance SMEs with EGP 10m

This campaign is in line with the Egyptian Government and the Central Bank of Egypt’s directives focused on supporting SMEs and builds on the Bank’s strategy and expansion plan to introduce innovative financial solutions that aid the sustainable development of this promising sector. This campaign also aims to raise awareness of the competitive advantages offered by the Bank through this product, which aims to bridge the financing gap and attract small businesses as new customers. By financing these small businesses, the bank will support job creation and drive economic growth, allowing it to deliver on its goals of providing sustainable financing solutions.

Daily News Egypt

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