Egypt's National Bank to inject EGP3.5bln into industry sectors


(MENAFN) 3.5 billion Egyptian pounds will be injected by Egypt's biggest lender, the state-owned National Bank of Egypt, in a number of companies working in the industry sector within the current period, Amwal Al-Ghad reported.

A source with knowledge said that the funds distribute between 3 billion pounds for companies
working in food industries and 500 million glass manufacturing companies.

on the other hand, the bank's credit portfolio has recorded 430 billion pounds by the end of March of which 46 billion pounds for persons and 42 billion pounds for SMEs sector.



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