FEB Discusses Micro-enterprise Financing Methods Next June

The Federation of Egyptian Banks (FEB) will hold a meeting next month to discuss the possible methods of financing micro-enterprises, said Hisham Ezz El-Arab, chairman of Federation of Egyptian Banks (FEB) and Commercial International Bank (CIB).

FEB will study the recommendations of banks concerning this issue in order to boost micro-enterprises which will in turn achieve economic growth and development, because supporting micro-enterprises will help in increasing the volume of officially-licensed projects, he told Amwal Al Ghad.

This meeting will be the first one of FEB to be held under the chairmanship of Hisham Ezz El-Arab who has lately succeeded Tarek Amer.