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International Finance Corporation

Al Baraka Bank Egypt, IFC partner to support SMEs

The multilateral bank’s $50 million Murabaha finance to Al Baraka Bank Egypt will allow the bank to increase financing to thousands of SMEs in the country.

Intesa Sanpaolo mulls taking full ownership of Egypt’s ALEXBANK

ALEXBANK is one of Egypt’s main private sector banks with 175 branches and 1.6 million customers.

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