Latest in Tag: AAIB Highlight

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Latest in Tag: AAIB


Al Tadamun Microfinance obtains EGP 100m from AAIB to support micro-enterprises

Al Tadamun Microfinance obtains EGP 100m from AAIB to support micro-enterprises

The two parties stressed that the signing of this agreement comes within the framework of keenness on keeping pace with the plans and strategies of the Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA), to achieve financial inclusion and support the economic empowerment of citizens, in line with the goals of sustainable development and the vision of “Egypt 2030”.

Hossam Mounir

AAIB launches mobile banking app to keep pace with its customers’ advanced lifestyle

AAIB launches mobile banking app to keep pace with its customers’ advanced lifestyle

This comes as part of the AAIB’s comprehensive plan to provide new bundles of digital banking solutions and the latest banking services in a quick, swift, and efficient manner to meet all of its customers’ needs, in their advanced lifestyle. Since the AAIB constantly prioritizes its customers, the bank is always keen to provide services that respond to their different needs, in the most convenient way.

Daily News Egypt

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AAIB, SANAD Fund launch Sandah for microfinance in Egypt 

Egypt’s newest microfinance lending institution, Sandah, was launched in Cairo on Tuesday with EGP 155m in capital. Its main founding shareholders—the Arab African International Bank (AAIB) and SANAD Fund for MSME (SANAD)—celebrated the launch of Egypt’s newest microfinance company. SANAD Fund’s expansion in the Egyptian market is a testament to the international financial institutions’ confidence …

Hossam Mounir

Hassan Abdalla, the CEO of the AAIB

AAIB co-finances largest solar energy project in ME in Aswan

The Arab African International Bank (AAIB) has successfully contributed to financing the largest solar power project in Egypt and the Middle East in Benban, Aswan, becoming the largest solar power plant in the region with a target capacity of 1.8 GW. According to Hassan Abdalla, executive director of the AAIB, Egypt is one of the …

Daily News Egypt