Credit Agricole finances Ultramedicine clients with a value of EGP 200 million

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Credit Agricole has signed a cooperation protocol with Ultra Medicine to provide financing with a loan of 200 million pounds to support the purchase and provision of medical supplies for small and medium enterprises to limit the repercussions and spread of the “Corona” pandemic.

Wali Lotfy, Deputy Managing Director of Credit Agricole Bank, said that the agreement aims to provide medical materials to hospitals, laboratories and medical centers through the “Ultra Medicine” digital platform in support of the health sector, as part of the bank’s goals for the development of the small and medium enterprise sector.

Dr. Khaled Dabis, CEO of Ultramedicine, explained that the agreement aims to contribute to financing Ultramedicine customers with payment facilities, and to provide financing and investment initiatives for small and medium-sized enterprises, which contributes to achieving sustainable growth for this sector and providing medical supplies in light of The continuation of the Corona pandemic.

The article “Credit Agricole” finances “Ultramedicine” clients with a value of 200 million pounds was written in Al Borsa newspaper.