Samy Abdelsadek, Deputy Chairperson of the ABE, said that the bank is keen on supporting small wheat farmers and suppliers through an integrated system supported by the bank. Abdelsadek followed up on the progress of wheat supply in the bank's store in Tamiya town in Fayoum governorate, in the presence of a number of the bank's leaders. He explained that the bank has increased the number of storage sites this year to 190, with a capacity to receive about 850,000 tonnes of wheat during the season. The bank also allows suppliers to open bank accounts for free and obtain a card to facilitate the disbursement of dues from any ATM or bank branches. In addition to that, the bank provides supply to facilitate for the customers the process of warehousing.

Source: Daily News Egypt May 15, 2023 02:47 UTC