Egypt: aiBANK launches campaign to finance SMEs

Egypt: aiBANK launches campaign to finance SMEs

Egypt - aiBANK, a commercial bank specializing in providing a variety of banking services to individuals and businesses, as well as the financing of significant development projects, announced today the launch of a campaign titled “Financing That Moves You 100 Strides Forward” to raise awareness for its latest financing product.

The Bank’s new product aims to provide SMEs with financing facilities of up to EGP 10m, with repayment periods of up to 5 years, while promptly receiving the necessary approvals in just four days.

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.

In this regard, Iman Badr, Senior Director of Consumer and Business Banking at aiBANK, said: “I am proud