Arab Investment Bank aims to increase its loan portfolio by 50% during the current year, bringing the total portfolio to LE 13.5 billion by the end of 2017, compared to its value at the end of 2016, which amounted to LE 9 billion.

The Arab Investment Bank is keen to expand the financing of all economic and productive sectors. It offers various financing programs: personal finance up to LE 250,000, repayment period of up to 5 years, car finance up to LE 500 thousand, repayment period of up To 6 years.

This comes in addition to real estate finance for the purchase, finishing and construction of housing units, provided by the Arab Investment Bank with a maximum of one million pounds, a payment period of up to 10 years, and tourism financing through major tourism companies with a maximum funding of up to LE100,000, In addition to a group of retail loans recently developed by the Bank (Farhi - Education - Efresh Bitak - Durable).

 

The increase in the Bank's loan portfolio will lead to increased volume of activity, increased customer interaction and a growing contribution to investment financing, which is the prime objective of the Egyptian government to achieve an appropriate economic growth rate.

 

Federation of Egyptian Banks 30 April 2017