EGYPT PRIVATE SECTOR SUPPORT

Promoter – Financial Intermediary

NATIONAL BANK OF EGYPT

Location

• Egypt

Description

Loan for small and medium-sized enterprises (SMEs) to support all eligible industrial and services sectors of Egyptian economy

Objectives

Financing of small/medium projects carried out by small and medium-sized enterprises

Comments

This operation is covered by the EU Guarantee for EIB loans outside the EU.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 500 million

Total cost (Approximate amount)

Not applicable.

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Signed - 29/10/2016