The Egyptian Land Bank (EALB) was founded in 1880 with the goal of advancing Egypt's economy. At the time, the bank's first major objective was to contribute to the development of Egypt's agricultural sector. It provided loans to agricultural landowners in order to increase the productivity of their lands and to advance the Egyptian economy, as well as to establish communication concepts with all segments of the local community in order to activate their productive and economic resources, and to develop the construction movement and national development.
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The Egyptian Land Bank (EALB) was founded in 1880 with the goal of advancing Egypt's economy. At the time, the bank's first major objective was to contribute to the development of Egypt's agricultural sector. It provided loans to agricultural landowners in order to increase the productivity of their lands and to advance the Egyptian economy, as well as to establish communication concepts with all segments of the local community in order to activate their productive and economic resources, and to develop the construction movement and national development.
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