{"id":646086,"date":"2017-06-05T04:20:09","date_gmt":"2017-06-05T04:20:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/05\/egyptian-agricultural-bank-launches-initiative-to-finance-livestock-projects\/"},"modified":"2017-06-05T04:20:09","modified_gmt":"2017-06-05T04:20:09","slug":"egyptian-agricultural-bank-launches-initiative-to-finance-livestock-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/05\/egyptian-agricultural-bank-launches-initiative-to-finance-livestock-projects\/","title":{"rendered":"Egyptian Agricultural Bank launches initiative to finance livestock projects"},"content":{"rendered":"<p>The Egyptian Agricultural Bank has launched an initiative to provide funding for livestock, <a href=\"http:\/\/dailynewsegypt.com\/2017\/06\/04\/egyptian-agricultural-bank-launches-initiative-finance-livestock-wealth-project\/\">Daily News Egypt<\/a> reports, picking up <a href=\"http:\/\/www.masrawy.com\/News\/News_Economy\/details\/2017\/5\/21\/1091324\/%D8%A7%D9%84%D9%8A%D9%88%D9%85-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%B2%D8%B1%D8%A7%D8%B9%D9%8A-%D9%8A%D8%B7%D9%84%D9%82-%D8%A8%D8%B1%D9%86%D8%A7%D9%85%D8%AC%D8%A7-%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%AB%D8%B1%D9%88%D8%A9-%D8%A7%D9%84%D8%AD%D9%8A%D9%88%D8%A7%D9%86%D9%8A%D8%A9\">news from late May<\/a> in the Arabic press. \u201cWe aim to finance the purchasing of [1 mn head of] livestock in addition to milking equipment, refrigerated transport, and the establishment of feed factories,\u201d Chairman El Sayed El Kosayer said. The funding target was not specified, but is part of the initiative to support SMEs by the CBE. The bank was formerly known as the Principal Bank for Development and Agricultural Credit (PBDAC) only came under CBE supervision last <a href=\"https:\/\/enterprise.press\/stories\/2016\/11\/22\/agriculture-bank-now-under-the-authority-of-cbe\/\">November<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian Agricultural Bank has launched an initiative to provide funding for livestock, Daily News Egypt reports, picking up news from late May in the Arabic press. \u201cWe aim to finance the purchasing of [1 mn head of] livestock in addition to milking equipment, refrigerated transport, and the establishment of feed factories,\u201d Chairman El Sayed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646086","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"effc473a-6c7d-4242-9dca-83d3b412541c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646051],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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EAB, which was formerly the Principal Bank for Development and Agricultural Credit, will use the funds to finance SMEs in the fields of agriculture, farming,\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572267,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/17\/central-bank-of-egypt-approves-soft-loans-to-small-farms-under-sme-initiative\/","url_meta":{"origin":646086,"position":1},"title":"Central Bank of Egypt approves soft loans to small farms under SME initiative","author":"enterpriseam admin","date":"17 June 2020","format":false,"excerpt":"CBE approves soft loans to small farms under SME initiative: The Central Bank of Egypt (CBE) has greenlit a request from the agriculture minister to allow small-scale growers and livestock breeders access to the SMEs lending initiative, cabinet said in a statement. 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The Agricultural Bank of Egypt will receive EGP 100 mn to finance a\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":587242,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/24\/afdb-mobilizes-usd-2-2-bn-to-bolster-egypts-water-security\/","url_meta":{"origin":646086,"position":3},"title":"AfDB mobilizes USD 2.2 bn to bolster Egypt\u2019s water security","author":"enterpriseam admin","date":"24 May 2023","format":false,"excerpt":"The funding will support desalination and water treatment plants for agriculture","rel":"","context":"In &quot;Development finance&quot;","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1306.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568817,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/bdc-in-talks-with-eib-to-on-lend-eur-90-to-egyptian-smes\/","url_meta":{"origin":646086,"position":4},"title":"BdC in talks with EIB to on-lend EUR 90 to Egyptian SMEs","author":"enterpriseam admin","date":"4 February 2020","format":false,"excerpt":"Banque du Caire (BdC) is in talks with the European Investment Bank to open a EUR 90 mn credit line to on-lend to local SMEs, reports the domestic press. State-owned banks, including BdC and the National Bank of Egypt, have been recently borrowing from foreign multilateral development banks to provide\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645174,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/cbe-expands-sme-finance-initiative-to-include-agriculture-companies\/","url_meta":{"origin":646086,"position":5},"title":"CBE expands SME Finance Initiative to include agriculture companies","author":"enterpriseam admin","date":"13 July 2017","format":false,"excerpt":"The CBE expanded its SME finance initiative to include agricultural, livestock, poultry and fishery ventures on Wednesday. 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