EBRD plans to extend USD 400 mn to Egyptian banks to lend to SMEs

by The Enterprise CompanyEgypt Edition23 October 2019

The European Bank for Reconstruction and Development (EBRD) could extend USD 400 mn in loans to unnamed local banks to finance SMEs, the EBRD’s national small business support program manager Reem El Saady said.

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EBRD plans to extend USD 400 mn to Egyptian banks to lend to SMEs

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More from Enterprise

Banking

Banque du Caire’s blockbuster IPO holds firm against EGX selloff

Finance

Electricity Ministry studies changing how your electricity bill gets calculated

Capital Markets

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Fintech

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