MIDBANK launches MID-GO to support SMEs

MIDBANK launches MID-GO to support SMEs

Egypt - MIDBANK has announced the launch of “MID-GO, Go with Your Ambition”, as part of the bank’s strategy that is based on infrastructure development, the development of various services and products for small and medium-sized enterprises (SMEs), and the application of an effective business model, according to the latest international methods and practices, and in line with the Central Bank’s plans to advance this sector.

The launch of MID-GO: Go with Your Ambition comes within the framework of the bank’s new strategy launched under the slogan “We work for your future”, which pays great attention to supporting small and medium-sized companies, by providing various banking and financing solutions that support the growth and expansion of these projects with the aim of developing and growing their businesses.

MIDBANK aims to achieve the percentage set by the Central Bank for financing small and medium enterprises, which amounts to 25% of the total loan portfolio, by the end of this year.

Amr El-Garhy, CEO and Managing Director of MIDBANK, pointed out that small and medium enterprises are one of the most important axes of the new strategy launched by the bank under the slogan “We work for your future”, which pays great attention to supporting