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E.S.F.B
finances economic activities
 Latest
News
The E.S.F.B is an
essential and efficient partner in the process of optimizing and
developing domestic economy by financing medium and long-term
projects for Egypt’s greatest leading projects whether this was
through the bank’s independent finance, or through joint finance
with other Egyptian and international Banks.
These
projects must work in the most vital and important fields that
conform to both the developing strategy of the country, and the
developmental purposes of the bank at the same time.
The most essential fields of these projects are:
Telecommunication
sector :
With regard to
the fact that the telecommunication sector is one of the basic
items in the process of developing Egyptian economy and society,
and that the demand rates on telecommunication services are
increasing rapidly day by day, and the bank’s expectations of the
sudden rise of this sector which has already taken place in the
services of both fixed and mobile phone lines. This whole thing
helped to emphasize the bank’s vision to finance this rapidly
developed sector through financing major companies working in this
field in order to help them in designing, establishing,
developing, and possessing the digital cellular telecommunication
systems in Egypt, besides helping them to offer and sell this
service to the Egyptian society.
Airports& Air transportation sector:
The
bank offers the adequate finance to support the activities of
companies working in the field of air transportation, or airports
services to keep pace with the nation’s strategy which aims to
improve all the services through financing the process of
instructing new airports, or developing the airports that have
already been built, and to support tourism and trade because of
their direct impact on the national economy.
Public Garages
sector:
The bank is participating recently in financing
vital projects such as building public garages in down town most
vital areas.
This project can be considered as one of the huge projects that
griped the attention and support of the country. Therefore the
process of instructing public garages over and under the ground
has been financed through huge investments to offer people a
distinguished service, besides achieving a rewarding income for
these projects which have been proved by recent studies to be of a
great economic value.
Medicine& medical
requirements sector:
Deeply believing in the importance of this sector, and its direct
impact on the life of Egyptian citizens, the bank has offered the
adequate finance to support major companies working in this vital
field.
The bank’s investments in this field are represented in financing
the projects working in manufacturing and distributing medicine
and medical requirements, besides helping these companies to
provide their medical products with the required scientific
support to keep pace with the international technical progress,
and to succeed in manufacturing a superior product that could make
every Egyptian citizen proud.
Exporting
Industries Sector:
The bank offers
all the required help and support to exporting activities through
encouraging customers to open new exporting markets capable of
competing in the international market. This can be achieved
through offering the adequate finance to export credits, and
supplying the customers with the needed liquidity for purchasing
production materials whether in L.E or foreign currencies.
Industry Sector:
Supporting the industrial sector is one of the basic approaches of
the bank as it represents the infrastructure of our national
economy. Therefore the bank has offered the adequate financial
support to companies working in different branches of this field
(steel and iron industry- food industry- paper industry-
fertilizers industry- etc…) through financing production lines, or
the life cycle of these projects. Besides offering all the needed
help to guarantee the success of the marketing process, fixing
prices, and facing the international competition through offering
the least possible interest for financing these projects, and
giving the small manufacturers the chance to communicate and
integrate with the giant manufacturing bodies in order to create
an integrated industrial unit capable of pushing up the movement
of small industries that feeds major industries in order to
eliminate importing burdens, and supply the country with the
foreign currency needed for financing other national liabilities.
Tourism Sector:
The bank heads
progressively to finance serious activities which prove to be of
great value in different fields of specialization of this sector
which represents a vital source for national income, and foreign
currencies. Therefore the bank offers the adequate finance to many
of the successful projects working in this field.
Oil
Sector:
There is no doubt
that the bank offers the adequate finance and support to all
Egyptian companies working in the field of petroleum services,
because this sector represents the corner stone of our national
economy, and a major source of our national income.
E.S.F.B
great participation in reinforcing national economy appears
obviously in the increasing rate of local commercial and
industrial investments which put the bank firmly on the head of
Egypt’s development map.
GO For Gold… Go For E.S.F.B.
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