Tarek Fayed-led Bank of Cairo looks to strengthen microfinance activity

Tarek Fayed-led Bank of Cairo looks to strengthen microfinance activity

The head of the Egyptian institution intends to develop the supply of loans to under-banked populations and is negotiating with international organisations for this purpose. 

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            ▪ Tarek Fayed-led Bank of Cairo looks to strengthen microfinance activity

▪ The head of the Egyptian institution intends to develop the supply of loans to under-banked populations and is negotiating with international organisations for this purpose. 

https://www.africabusinessplus.com/en/813674/under-tarek-fayed-the-bank-of-cairo-strengthens-microfinance-sector/

Active since 1952, Banque du Caire (BdC) is seeking to broaden its client portfolio by convincing new entrants to the banking market with reduced loan envelopes. According to a document we consulted, BdC is exchanging with foreign financing organisations and notably with the European Investment Bank on this point.

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