Nasser Social Bank

Overview

Nasser Social Bank Was Established In 1971 With The Aim Of Creating A Social Activity That Cares For The Poor And Low-income. The Bank Is Considered To Be The Pioneer Of Social And Islamic Banks In Egypt And The Arab World By Granting Loans To Citizens, Accepting Deposits, Especially Saving Deposits, Organizing Their Investments And Investing The Bank’s Funds In Public Projects And Private Projects.
The Bank Has Several CSR Activities Such As; Housing Projects in Upper Egypt, Nursery Development Project, Projects that Supporting SMEs, Training For Employment, Financing Projects That Targeting Women Economic Empowerment, Addiction Prevention and inclusion of recovered persons.
Moreover The Bank Established ATAA Fund Which is the first open charitable investment fund that operates in accordance with the provisions of the capital market law. It aims to invest money to direct its returns to care and support institutions with disabilities.


NO Comment 25th October 2022

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