Egyptian Agricultural Bank's President, Mohamed Abu El-Saud, announced that the bank achieved significant growth in its financing activities, with a 25% increase over the past six months. The bank's loan portfolio exceeded 110 billion Egyptian pounds, up from 88 billion pounds in December 2025. This growth reflects the bank's efforts to support the agricultural sector and promote economic development in Egypt.
The bank's loan portfolio is primarily composed of financing for the agricultural sector, which accounts for 70% of the bank's total financing. Specifically, 36 billion pounds were allocated to small-scale farmers. The bank offers a range of financing solutions and banking services to support various agricultural activities and production. By providing these services, the bank aims to contribute to Egypt's economic growth and food security.
The Egyptian Agricultural Bank has been a long-standing participant in the Sahara International Agricultural Exhibition, attending for nearly 20 years and serving as the event's sponsor for the past six years. The bank's participation in the exhibition reflects its commitment to engaging with stakeholders in the agricultural sector and understanding their needs. The exhibition provides a platform for the bank to promote its financing programs and banking services.
The 38th edition of the Sahara International Agricultural Exhibition took place from September 22 to 24 at the Egypt International Exhibition Center. The event featured over 500 local and international companies. The Egyptian Agricultural Bank, as the platinum sponsor, participated in the exhibition to showcase its comprehensive range of financing solutions and banking services tailored to the agricultural sector.
The exhibition's opening ceremony was attended by several high-ranking officials, including Egyptian Minister of Agriculture and Land Reclamation, Alaa El-Din Farouk, and Minister of Water Resources and Irrigation, Hani Suwailam. Mohamed Abu El-Saud, President of the Egyptian Agricultural Bank, also participated in the ceremony. The officials toured the exhibition, interacting with farmers, companies, investors, and entrepreneurs.
The Egyptian Agricultural Bank's participation in the exhibition included several discussion sessions, focusing on key opportunities and banking solutions supporting the agricultural sector. The sessions featured senior bank officials, including Mohamed Shoukri, Head of the Small Projects Sector, and Wail Hassan, Head of the Islamic Transactions Group. These sessions aimed to highlight the bank's financing programs and services.
The Egyptian Agricultural Bank was established in 1930 and operates as a specialized bank in Egypt and the Middle East. The bank plays a vital role in financing and supporting the agricultural and rural sectors, contributing to Egypt's economic development and food security. With over 1100 branches and a sophisticated storage infrastructure, the bank provides comprehensive financing solutions to various agricultural and developmental activities.
Key points
- The Egyptian Agricultural Bank's financing activities grew by 25% over the past six months.
- The bank's loan portfolio exceeded 110 billion Egyptian pounds.
- The agricultural sector accounts for 70% of the bank's total financing.
