Economy

From the highest level to the heart of the delta and the cities of the canal .. The Agricultural Bank train does not stop


News Arab Economy )general

The Egyptian agricultural finances production and service projects to support the rural population and empower rural women

10 March, 2022

Books: Fathy Al-Sayeh 9207 •• To achieve the goals of the Presidential Initiative Hayat Dignified • Financing the program to replace passenger cars to provide civilized transportation for the citizens of the villages of Dakahlia 44923 • Opening a new branch of the Agricultural Company in Kom Ombo and facilities for small farmers in the villages of West Nile and achieving financial inclusion in Aswan -• Project Financing Al-Ashar Wheels in cooperation with the Misr El-Khair Foundation to support young breeders in the villages of a decent life in the lake
•Opening a developed branch of the bank in Sharq district in Port Said city to improve the services provided to its clients

From the far south of Egypt to the heart of the delta and from there to the cities of the canal.. non-stop tours and efforts Continuous directed by the Agricultural Bank of Egypt to finance productive and service projects aimed at achieving development and creating job opportunities to improve the quality of life in rural villages and raise the standard of living of its residents in order to achieve the objectives of the presidential initiative “a decent life” to develop rural villages and support the state’s efforts to achieve comprehensive development in all governorates of the Republic in implementation of the directives of His Excellency the President Abdel Fattah El-Sisi, President of the Republic to raise the standard of life for citizens everywhere on the land of Egypt. During the past few days, the Agricultural Bank of Egypt intensified its efforts to implement several projects in governorates Beheira, Dakahlia, Aswan and Port Said all aim to provide the necessary support and financing for projects that benefit small farmers, educators and rural women to encourage them to work and produce and help them provide a source of income that provides them and their families with a good life life and the creation of productive societies in rural villages.. 44923 In Aswan, Mr. Alaa Farouk, Chairman of the Board of Directors of the Egyptian Agricultural Bank, inaugurated the latest branch of the Egyptian Company for Agricultural and Rural Development in Kom Ombo in Aswan Governorate, to join the list of the company’s marketing outlets, which represents one of the bank’s tools to provide support to the agricultural sector and small farmers by making available and providing production requirements and inputs from subsidized and unsubsidized pesticides and fertilizers, in addition to providing agricultural machinery and equipment, with the participation of the members of the Agriculture and Irrigation Committee in the House of Representatives headed by Representative Hisham Al-Hosary Chairman of the Committee and Representative Abdel Salam El-Gabaly, Chairman of the Committee on Agriculture and Irrigation in the Senate, a number of representatives of Parliament and the Senate from the departments of Aswan Governorate, and the executive and popular leaders in the governorate, in addition to the leaders and officials of the Agricultural Bank of Egypt. 44923 And within the framework of the Bank’s keenness to provide all aspects of support to the neediest groups in the villages covered by the presidential initiative “Hayat Kari” “To contribute to achieving the most important objectives of the initiative, which is to address poverty and provide real and sustainable development for these groups, the Bank organized a public conference in Aswan Governorate entitled “Financial inclusion and support for the neediest families in villages for a decent life” in the presence of Major General Ashraf Attia, Aswan Governor and Representative Hisham Al-Hosari, Chairman of the Agriculture and Irrigation Committee In the House of Representatives, members of the Agriculture and Irrigation Committee, and Dr. Ghada Abu Zeid, Deputy Governor, the conference aimed to review the Bank’s efforts to contribute to the implementation of a decent life initiative in the villages of Aswan and to raise awareness of financing opportunities for small and micro enterprises through the Bab Rizq program to provide real job opportunities for youth and empower rural women in addition to achieving inclusion Financial education, financial education, and in-kind contributions to help the carers in Aswan.

The head of the Egyptian Agricultural Bank was also keen to participate in the meeting with the people of West Nile villages “Faris and Benban, Mansourieh and El-Raqba, affiliated to the Daraw Center in Aswan Governorate, in the presence of a delegation of representatives, members of the Agriculture and Irrigation Committee, members of the Benban village council, and a number of local leaders During the meeting, the financing programs and initiatives provided by the Bank and its efforts to provide all facilities and facilities to small farmers and educators were reviewed to motivate them to work and produce. Promising development villages in conjunction with the opening of the Benban Solar Energy Complex, which is the largest complex of plants to generate clean electricity in the Middle East. 44923 And from Aswan to Dakahlia Governorate in the heart of the Delta Where the Agricultural Bank of Egypt launched a program to replace passenger cars in the villages and centers of the governorate, which aims to replace pickups and tuk-tuks and replace them with modern microbuses, in addition to replacing tuk-tuks with 7-passenger vans, as part of the bank’s initiative to develop mass transportation in the governorates and provide a safe and distinguished transport service for citizens to improve Quality of life in villages and raising the standard of living of citizens in order to achieve an important axis of the presidential initiative “Hayya .” dignified life.” The bank also organized a public conference at the Sinbillawain Center to announce the program in the presence of Dr. Ayman Mokhtar, Governor of Dakahlia, and Mr. Alaa Farouk, Chairman of the Board of Directors of the Egyptian Agricultural Bank Representative Hisham Al-Hosari, Chairman of the Agriculture and Irrigation Committee in the House of Representatives, a number of parliamentarians and the Senate, also participated in the conference, the executive and popular leaders of the governorate and officials of the Agricultural Bank, along with the owners of old cars benefiting from the program. 44923 During this civilized project, the Agricultural Bank of Egypt is financing car replacement operations with soft loans and many unprecedented facilities, with the aim of supporting the owners and drivers of pick-ups, and helping them to buy new microbus cars to fulfill their obligations in a way that achieves social welfare for car owners and contributes to increasing their income, and the abolition of reliance on cab cars as a means of transportation to transport passengers between villages and cities, in order to provide comfort and safety for passengers.
From Dakahlia to Nubaria in Beheira Governorate, where Mr. Alaa Farouk, President of the Agricultural Bank of Egypt, His Excellency Mr. Al-Qasir participated The Minister of Agriculture and Land Reclamation, Major General Hisham Amna, Governor of Beheira, and Dr. Ali Gomaa, Chairman of the Board of Trustees of the Misr El Khair Foundation, the celebration of the distribution of 200 A head of the wheels “Cemental” dual-purpose “dairy-meat” on young breeders from the most caring families in the villages of a decent life By the lake. Within the framework of the project, the Agricultural Bank is providing soft financing at an interest rate of 5% to support young educators of young people and the first-career families to provide a source of income that contributes to improving the level of their livelihood; In implementation of the objectives of the presidential initiative “Decent Life” and at the same time the project aims to increase animal production of meat and dairy and develop livestock. and to Port Said, where the Agricultural Bank announced About intensifying its presence in the Sahel Al-Tina area, east of Port Said, in response to the desire and requests of citizens to facilitate the provision of banking and financial services to farmers In this promising area, during the meeting of the Governor, Major General Adel Al-Ghadban and Mr. Alaa Farouk, who addressed the role of the Bank in contributing to development programs in the governorate and providing all types of financing for agricultural and industrial projects and microfinance to provide job opportunities for youth and empower women. 44923 During the visit, the Governor of Port Said and the President of the Agricultural Bank inaugurated the latest developed bank branches in Sharq district as part of the bank’s branch development plan to improve the services provided to its clients. Comprehensive and sustainable.

March, 2022