{"id":546191,"date":"2022-05-08T04:00:09","date_gmt":"2022-05-08T04:00:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/cib-could-get-usd-20-mn-from-ebrd-for-sme-lending\/"},"modified":"2022-05-08T04:00:09","modified_gmt":"2022-05-08T04:00:09","slug":"cib-could-get-usd-20-mn-from-ebrd-for-sme-lending","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/cib-could-get-usd-20-mn-from-ebrd-for-sme-lending\/","title":{"rendered":"CIB could get USD 20 mn from EBRD for SME lending"},"content":{"rendered":"

CIB could soon receive a USD 20 mn loan from the European Bank for <\/strong>Reconstruction and Development (EBRD) for on-lending to local women-led SMEs<\/strong>, according to the EBRD\u2019s website<\/a>. The loan has passed a final review and is now pending approval from the European lender, which is expected to make a decision by 9 June.<\/p>\n

This is not the first loan of its kind CIB has received from the EBRD:<\/strong> The lender responded to the covid-19 pandemic by providing the bank a USD 100 mn loan for emergency on-lending<\/a> to SMEs. It issued similar loans<\/a> to the National Bank of Egypt and the National Bank of Kuwait Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

CIB could soon receive a USD 20 mn loan from the European Bank for Reconstruction and Development (EBRD) for on-lending to local women-led SMEs, according to the EBRD\u2019s website. The loan has passed a final review and is now pending approval from the European lender, which is expected to make a decision by 9 June. […]<\/p>\n","protected":false},"author":1,"featured_media":546192,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7274],"tags":[240,88,101,571,72,287],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-cib","tag-debt-watch","tag-development-finance","tag-ebrd","tag-enterpriseam","tag-smes","wpautop","entry"],"acf":{"mongo_id":"256c45ee-019a-418c-9a93-3f9692e574e4","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/5\/88.jpg","photo_position":"above","related_issue":[546178],"teaser":"","voice_url":""},"yoast_head":"\nCIB could get USD 20 mn from EBRD for SME lending - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/cib-could-get-usd-20-mn-from-ebrd-for-sme-lending\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIB could get USD 20 mn from EBRD for SME lending\" \/>\n<meta property=\"og:description\" content=\"CIB could soon receive a USD 20 mn loan from the European Bank for Reconstruction and Development (EBRD) for on-lending to local women-led SMEs, according to the EBRD\u2019s website. The loan has passed a final review and is now pending approval from the European lender, which is expected to make a decision by 9 June. […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/cib-could-get-usd-20-mn-from-ebrd-for-sme-lending\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-08T04:00:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/5\/88.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/cib-could-get-usd-20-mn-from-ebrd-for-sme-lending\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/cib-could-get-usd-20-mn-from-ebrd-for-sme-lending\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CIB could get USD 20 mn from EBRD for SME lending\",\"datePublished\":\"2022-05-08T04:00:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/cib-could-get-usd-20-mn-from-ebrd-for-sme-lending\/\"},\"wordCount\":116,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/cib-could-get-usd-20-mn-from-ebrd-for-sme-lending\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/5\/88.jpg?fit=%2C&ssl=1\",\"keywords\":[\"CIB\",\"debt watch\",\"development finance\",\"EBRD\",\"EnterpriseAM\",\"SMEs\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/cib-could-get-usd-20-mn-from-ebrd-for-sme-lending\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/cib-could-get-usd-20-mn-from-ebrd-for-sme-lending\/\",\"name\":\"CIB could get USD 20 mn from EBRD for SME lending - 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associate director and deputy\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572306,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/21\/ebrd-to-provide-cib-with-usd-100-mn-to-support-smes-impacted-by-covid-19\/","url_meta":{"origin":546191,"position":2},"title":"EBRD to provide CIB with USD 100 mn to support SMEs impacted by covid-19","author":"enterpriseam admin","date":"21 June 2020","format":false,"excerpt":"DEBT WATCH- EBRD to provide CIB with USD 100 mn to support SMEs impacted by covid-19: The European Bank for Reconstruction and Development (EBRD) will provide the Commercial International Bank (CIB) with a USD 100 mn loan for on-lending to shore up the liquidity positions of SMEs and corporations 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What\u2019s a senior loan, you ask?\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/40.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546575,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/22\/export-development-bank-of-egypt-receives-usd-25-mn-from-ebrd-for-smes\/","url_meta":{"origin":546191,"position":5},"title":"Export Development Bank of Egypt receives USD 25 mn from EBRD for SMEs","author":"enterpriseam admin","date":"22 May 2022","format":false,"excerpt":"EBank gets USD 25 mn from EBRD for on-lending to SMEs + women-led businesses: The Export Development Bank of Egypt (EBank) is receiving USD 25 mn financing package from the European Bank for Reconstruction and Development (EBRD) for on-lending to SMEs, the European lender said Thursday. 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