Operations عمليات

Home Board Meeting 12/2012
  • Approved Loans

Board Meeting 12/2012

In its meeting No. 3/2012 held on 19/12/2012, the Badir Fund Management Committee approved the following loans:

  • 50 million US Dollar for the Social Fund for Development in Egypt for the financing of SMEs in the country.
  • 20 million US Dollar for the Savings and Social Development Bank in Sudan for the financing of SMEs in country.

In addition to the above mentioned loans, the Management Committee took several decisions as follows:

  • Approved 2013 administrative budget
  • Approved some changes on the Standard Loan Agreement