Banque Misr eyes 12.5% share in small business initiative in 4yrs

Egypt’s second biggest state lender, Banque Misr is arranging to take over a 12.5 percent share in a central bank-led initiative to finance small and micro-sized projects within four years.

Mohamed Eletreby, Chairman of Banque Misr, has said in a press conference on Monday that the bank sent to the central bank special studies on the initiative.