Egypt’s economy growth potential enormous

The chief executive officer and board member at the Commercial International Bank (CIB), Hussein Abaza, said that the growth potential in the Egyptian economy in general and subsequently the banking sector in specific is enormous.

Abaza told Daily News Egypt that the market is still filled with lucrative and untapped opportunities.

He added that the ensuing investment inflows will stimulate job creation and, ultimately, the economy will immeasurably improve.

Abaza continued that the banking sector is perhaps the strongest in the emerging markets, in terms of efficiency and liquidity, assuring that this sector is the strongest in the Egyptian economy.