Cairo – Mubasher: ALEXBANK has signed agreements worth $100 million (EGP 1.55 billion) with the European Bank for Reconstruction and Development (EBRD).
The deals include an amount of $50 million and will be used to finance small- and medium-sized enterprises (SMES), according to a statement on Sunday.
Moreover, EBRD will also provide a funding worth $50 million as part of its trade facilitation programme.
