By: Islam Fadl
Cairo – Mubasher: Banque du Caire is currently considering financing worth EGP 600 million for small- and medium-sized enterprises (SMEs) during fiscal year 2018/2019, the head of SME banking said.
These financings are set to be studied prior to the end of this year, Nader Saad told Mubasher.
Saad previously stated that the bank’s projects portfolio was expected to reach EGP 5 billion by the end of FY18/19.
Banque du Caire’s SMEs portfolio makes up nearly 12% of the bank’s credit portfolio.
