Banque du Caire ready to fund development
Banque du Caire
Sharm al-Sheikh - MENA
Chairman and Chief Executive Officer of Banque du Caire (BC) Monir El Zahed said on Tuesday the bank is ready to fund all development projects planned to be reviewed in Egypt Economic Development Conference (EEDC) on Friday.
Speaking to MENA, El Zahed pointed out that BC has enormous forms of financial facilities that can help all kinds of enterprises.
Banking sector in Egypt is featured by powerful potentials that helped improve Egypt's Credit Rating, the BC's chairman said.
The sector showed great performance during 2014, and proved to be a backbone for Egypt’s economy raising 64 billion EGP in eight days for the Suez Canal expansion project, he concluded.
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