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ELAB to pump EGP 100m into SMEs

ELAB to pump EGP 100m into SMEs
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By: Eslam Fadl

Cairo – Mubasher: The Egyptian Arab Land Bank (ELAB) targets financing small and medium projects by EGP 100 million. 

The bank’s chairman Amr Kamal told Mubasher that the bank has recently launched its first product for small and medium-sized enterprises (SME) financing, with the aim of reaching a portfolio of EGP 100 million in order to diversify the bank’s activities and reach new clients.