Fana Imam and Lina Al-Tahtawi hosted, in today’s episode, Tuesday, of “Long Before Breakfast” on “Nogoum FM,” sponsored by the National Bank of Egypt, Hisham El-Tanbouli, Chairman of the Board of Directors of “Tanbo Food Ingredients” for food and agricultural processing, to talk about the National Bank of Egypt’s support for his project.
Hisham Al-Tanbouli, Chairman of the Board of Directors of “Tanbo Food Ingredients,” spoke about the beginning of his experience with the National Bank and said: “I had old factories that left the market in 2013, and in 2019 I heard about the initiatives of the Central Bank and began to think about developing and benefiting from them. I went to the National Bank and they helped me a lot, and so did I.” I love excellence, so I put a lot of pressure on them to get a good job because I am starting my work from the seed stage until export, because my dream is to produce an Egyptian product to reach a level that no one has reached before.”
He continued: “When I went to the National Bank and presented the idea to them, they got excited as soon as I told them that I have desert land on which I will build factories. They worked with us 24 hours a day, and I was a little demanding, and they tolerated us.”
He also touched on the challenges that the National Bank helped them with, and explained: “They were great challenges, and I was surprised that they called me before I contacted them. They encouraged me amid these circumstances and challenges of Corona and the flotation. They helped me double the production line and took facilities that helped us, and during the Corona period they themselves postponed installments for us. There were many factories standing in the world, so Egypt during this period had an opportunity to grow in terms of exports.”
Hisham Al-Tanbouli, Chairman of the Board of Directors of “Tanbo Food Ingredients,” referred to the expansion plans in partnership with the National Bank, and said: “We have plans to add other drying products other than onions during the coming period in order to start a distinct need from the seed until we reach a good product.”
He gave several pieces of advice to young people with small business ideas, and said: “My advice to young people is not to enter into a project larger than its size, and the second thing is to be frank and clear with the bank, especially because the bank will benefit you as long as you provide it with correct information. They should also study the market well in order to benefit from it, but they do not stop with it.” “The first problem they encounter.”