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National Bank of Egypt launches a new product to finance food carts

National Bank of Egypt (NBE), the country’s largest state bank, announced that it has launched a new financial product to finance food carts i.e street Food, the first of its kind in the Egyptian banking market.

The new financial product is part of the bank’s plan to provide various financial programmes for SMEs, Yehia Aboul Fotouh said.

The new product is launched on the sidelines of the bank’s participation and sponsorship of the CAFEX and Hotelier Exhibition.

Cafex & Hotelier is Egypt’s Ultimate Hospitality Expo, featuring more than 120 key exhibitors covering the full spectrum of the Hospitality industry under one roof. Cafex established in 2014 left a reputable mark in the industry for 5 successful years, becoming a household name as the go to expo for the Cafe & Restaurant Industry. After the immensely successful 1st session of Hotlelier launched in 2019 merged with Cafex adding the Hotel & Resorts line to the equation, Cafex & Hotelier is now on it’s way to become the leading fair in the hospitality industry.