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