Mashreq Egypt sponsors the Egyptian Junior Business Association B2B conference

Mashreq Egypt, one of the region’s leading financial institutions recently sponsored the Egyptian Junior Business Association (EJB) B2B Conference and Exhibition in Cairo which was held on the 14th of June in Semiramis Intercontinental Hotel. The move demonstrates Mashreq’s continuous support to the SME sector and the country’s overall growth.

“The importance in Egypt now is to reinstall business confidence and reinvigorate the economy,” said Mohamed Mostafa, Head of Retail Mashreq Egypt. “Therefore it is very positive to see the EJB running such a conference. There is great potential for SMEs to develop and grow in Egypt and Mashreq Egypt is keen to support those businesses.”

Mostafa explained that Mashreq Egypt constantly strives to bring innovative and competitive solutions to the market that provides value to customers. “For small businesses we currently offer loans up to EGP 1 million. For companies with a turnover of between EGP 1 million to 50 million, we are offering Trade and Working Capital facilities which includes letters of guarantee, letters of credit, loans, overdrafts, IDBCs amongst others to finance their business needs.” 

Mashreq Egypt has been consistently investing in developing new products and services that attends to our client’s needs. “This is also how we are approaching our operation,” said Mostafa. “Mashreq Egypt looks at what the market requires and how we can better service our customers. Today in this gathering at the EJB B2B conference, we are addressing SMEs offering.”