ABA Eyes EGP100mn Finance in Al Sharqia-Egypt for Micro Projects

Big 5

Alexandria Businessmen Association (ABA) is targeting to pump finance worth EGP100 million for micro projects in Al Sharqia Governorate for 5 years, Chairman Marwan Al Sammak revealed.

In statements to Amwal Al Ghad , Al Sammak explained that it is schedule for the first phase of the project to start by the end of the current year through providing EGP10 million finance for those micro projects.

The finance comes among ABA’s plan for this year and which it is aiming injecting EGP440 million for projects, Al Sammak added.

ABA’s total number of branches are 60, and it is seeking to boost them to 64 by 2014-end by launching 4 new branches.