Banque Misr signs finance agreement with china


(MENAFN) Banque Misr confirmed a finance agreement with china, to reach finance Chinese projects in the Egyptian stores.

Furthermore, this agreement shows the profitable policy of the Banque to be available to use at the Egyptian-Chinese projects in different sectors, like elect and energy.

Depending on Banque Misr report, the singed deal between china and Egypt secures USD500mn on the financing project including Chinese institute in Egypt.

As well as ,Banque Misr confirm another agreement with the industrial and commercial bank of china and that target getting direct facilities a maximum of USD 500m.

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