NBE LOAN FOR SMES AND MIDCAPS COVID-19

Promoteur – Intermédiaire Financier

NATIONAL BANK OF EGYPT

Lieu

• Égypte

Description

Loan for small and medium-sized enterprises (SMEs) and midcaps in response to COVID-19 crisis affecting private businesses.

Objectifs

Financing of small/medium projects carried out by SMEs and midcaps, including the increased working capital needs in the COVID-19 impact period.

Secteur(s)

• Lignes de crédit - Lignes de crédit

Garantie au titre du MPE

This operation is covered by the ELM Guarantee.

Montant BEI envisagé (montant approximatif)

EUR 800 million

Coût total (montant approximatif)

not applicable

Aspects environnementaux

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.

Passation des marchés

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.

Statut

Signé - 3/09/2020