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    Reference: 20160343
    Release date: 9 August 2016

    Promoter – Financial Intermediary

    NATIONAL BANK OF EGYPT

    Location

    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)

    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

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Egypt Credit lines