
HSBC Egypt launches EGP 3bn ‘Foras Trade Fund’ for SMEs
Todd Wilcox, Deputy Chairperson and CEO of HSBC Egypt, said: “SMEs are a vital engine of growth for any economy and we are delighted to launch the HSBC Foras Trade Fund to support them. The fund is designed to help strong Egypt businesses with bold visions to enter new trade markets, re-engineer their supply chains, innovate, and to play an active part in supporting the ongoing growth, modernisation and diversification of the country’s economy.”