رئيس البنك الزراعي ومحافظ الغربية يستعرضان دعم التنمية وتحفيز الاستثمار

Mohamed Abu Al-Saud, CEO of the Egyptian Agricultural Bank, recently met with Major General Ashraf El-Gendy, Governor of Gharbia, at the governorate’s headquarters. This meeting was part of a tour by the bank’s executive management team across the Delta governorates. The purpose was to strengthen cooperation and build strategic partnerships with local government bodies. During the visit, they reviewed the bank’s financial programs and initiatives aimed at financing the agricultural sector and boosting the productivity of small farmers, large investors, and major agricultural and industrial project owners. These efforts support the overarching goals of sustainable development and the implementation of Egypt’s Vision 2030.

The meeting was attended by several high-ranking executives including Sami Abdel Sadiq and Ghada Mustafa, Deputy CEOs, Mohamed El-Sisi, CEO of Administrative, Engineering, Assets, and Insurance Affairs, Sherif Hassan, Head of Corporate Communications Group, Adel Abdel Monem, Head of West Delta Region, Mohamed Assaf, Head of Gharbia Sector, and Mahmoud Abu Hussein, General Manager of the sector. Several officials and leaders of the governorate were also present.

Governor Ashraf El-Gendy praised the Egyptian Agricultural Bank’s efforts in supporting development projects, encouraging production, and creating investment opportunities across various sectors. He highlighted the significant modernization the bank is undergoing in all its sectors, including the complete renovation of its branches, which has notably improved the quality of services provided to clients.

Mohamed Abu Al-Saud emphasized the importance of this meeting as a platform to enhance cooperation between the bank and the governorate in agricultural and rural development. He stressed that such collaboration will improve the living standards of the governorate’s residents, in line with the directives from the political leadership to coordinate efforts across all state institutions to achieve comprehensive and sustainable development.

The CEO pointed out that the bank operates through 73 branches spread across the villages and cities of Gharbia. These branches have undergone full infrastructural and technological upgrades to better meet the banking and financing needs of citizens. Furthermore, the bank plays a pivotal role in providing financial services to support agricultural and livestock production. This support aims to stimulate investment in various productive sectors and increase the capacities of small farmers, particularly those cultivating export crops like jasmine, flax, and grapes, for which Gharbia is well-known. Such efforts not only open export markets for Egyptian crops but also contribute to generating foreign currency and strengthening the national economy.

Looking ahead, Mohamed Abu Al-Saud assured that the bank is preparing for a significant transformation to increase its market share within the banking sector. This will be driven by launching new banking products tailored to the needs of all social groups and by offering financing programs that support the state’s efforts to maximize the benefits of the agricultural sector and related activities. These initiatives aim to raise the living standards of rural communities and enhance their economic well-being.