المصدر
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Ahmed Galal, CEO of the Export Development Bank of Egypt (EBank), said the bank provides financing to modernize production lines and equipment and introduce new technologies. It also supports producers of components and production inputs to reduce reliance on imports. The bank offers financing solutions at different stages of the export process, including pre- and post-shipment finance and discounting export receivables. Through its EBank Export Club, it also provides programs to cover the costs of certificates of conformity, production development, trade fairs and shipping. Speaking at the “People and Banks” conference, Galal said that tailoring finance to companies’ production and export needs strengthens their competitiveness and helps them enter new markets.
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