Show current news and vi views aws NEW BANK FOR EGYPT institution intended to aid the poverty stricken fellaheen mall adelcia from cairo are to the effect that the negotiations between tho the egyptian government sir lir arnest cassel and the national lat lonal bank of egypt for the establishment of an Agil cultural bank have been cally concluded tho the new institution has a capital of over 12 which will be used for making ad advances to the fell fellaheen abeen on oil easy terms the government guar antocs the aci adment of the advances an 1 3 pr per p r cent on the capital rho fhe object or of till abig scheme li 19 to help tho the fellaheen fellah fella lipen pen to get out of tile the hands of tho the village ers who charge aiom 40 to per coin cent on their loans have already been concluded on a small scale and have successful an extension i tho the plan la is den demanded by the people ard tho the new bank banic it la Is believed will ile bo an Ini immense mense boon to the agrical euial population |