Banque Du Caire Grants 2% of Profits to Improve Egypt’s Informal Areas

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Banque Du Caire grants 2% of its profits for combating the slums phenomena in Egypt under the initiative of Federation of Egyptian Banks (FEB), said CEO Mounir El Zahed.

In this respect, the Egyptian banking official stressed the importance of FEB’s initiative, saying the bank’s participation reflected its social responsibility and national duty towards providing a better life for the residents of the slums in Egypt.

The national initiative adopted by the Federation of Egyptian banks is directed towards improving informal areas across the country. It is planned to upgrade 15 informal areas nationwide as the first phase.