Alexandria Businessmen Association Says EGP5.4bn Value of Micro Projects

Big 5

 Chairman of Alexandria Businessmen Association (ABA) Marwan Al Sammak revealed that the total submitted loans that provided to micro projects since the inception of ABA and till now reached EGP5.4 billion.

In statements to Amwal Al Ghad, Al Sammak added that ABA eyes EGP440 million finance for micro projects during the remaining period of the current year.

The new projects which will be pumped are existing in 6 governorates, the total numbers of branches are 60 and ABA is aiming boosting to 64 branches by the end of 2014 though launching new 4 branches, he explained.