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SFD Loans

Within the framework of Banque Misr ‘s contribution in the support of  social and economic development and reduction of the high unemployment rates, resulting from the economic reform policy, Banque Misr finances the new and existing small enterprises  through its branches nationwide by virtue of the contracts signed between our bank and the SFD, amounting to 15 contracts with a total value of L.E. 475 million. The Bank used about 75% of the contracts' amount apart from recycling these lines in addition to loans granted through the Bank’s self-resources. Projects granted loans from the SFD totaled 9500, creating roughly 24 thousand job opportunities.