Summary sheet
- Credit lines - Credit lines
The project consists of a loan for small and medium-sized enterprises (SMEs) and mid-caps to support small and medium scale projects in Egypt.
This loan will improve competitiveness and access to finance at favourable conditions for SMEs and mid-caps.
The Bank will require the intermediary institution to take all the requisite measures to ensure that the procedures carried out by the final beneficiaries for the sub-projects receiving Bank financing will comply with national legislation and the ElB's environmental and social standards, as set out in Vol I of the EIB Environmental and Social Handbook.
The Bank will require the intermediary institution to take all the requisite measures to ensure that any procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances are in accordance with EIB Guide to Procurement.
This operation is covered by the ELM Guarantee.