By: Islam Fadl
Cairo – Mubasher: Egy Lease, owned by the Industrial Development Bank, aims to inject funding worth EGP 250 million during the next five months, chairperson of Egy Lease, Iman Ismail, told Mubasher.
Such funding will be directed towards pharmaceuticals, transportation, and industrial sectors before the end of 2019, Ismail added.
During the first seven months of 2019, Egy Lease pumped funding worth EGP 750 million, she noted.
In addition, the Egyptian Arab Land Bank (EALB) has provided the company with a loan valued at EGP 200 million.
Moreover, Egy Lease obtained a loan worth EGP 300 million during the first half of 2019. Such loan was directed towards health, retail, and contracting sectors.
