{"id":560934,"date":"2021-03-18T04:20:35","date_gmt":"2021-03-18T04:20:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/banque-du-caire-gets-usd-100-mn-ebrd-loan-for-smes-trade-finance\/"},"modified":"2021-03-18T04:20:35","modified_gmt":"2021-03-18T04:20:35","slug":"banque-du-caire-gets-usd-100-mn-ebrd-loan-for-smes-trade-finance","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/banque-du-caire-gets-usd-100-mn-ebrd-loan-for-smes-trade-finance\/","title":{"rendered":"Banque du Caire gets USD 100 mn EBRD loan for SMEs + trade finance"},"content":{"rendered":"

Egyptian MSMEs will have access to USD 50 mn worth of financing through Banque du <\/strong>Caire<\/strong>, which is getting a USD 100 mn loan from the European Bank for Reconstruction and Development (EBRD) to support the Egyptian economy, the bank said in a press release<\/a>(pdf)<\/a>. USD 50 mn of the package is earmarked for on-lending to private sector small businesses which the EBRD says \u201cremain an underserved segment of the real economy.\u201d<\/p>\n

The other half of the facility is earmarked for trade finance under the EBRD\u2019s <\/strong>Trade Facilitation Program<\/a><\/strong>, which aims to boost foreign trade between EBRD countries by underwriting international trade transactions made by banks. The loan will help BdC meet demand for import and export transactions, including issuing bank assurance and providing monetary advances to bankroll private sector companies\u2019 pre-export and post-import trade-related loans, the statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egyptian MSMEs will have access to USD 50 mn worth of financing through Banque du Caire, which is getting a USD 100 mn loan from the European Bank for Reconstruction and Development (EBRD) to support the Egyptian economy, the bank said in a press release(pdf). USD 50 mn of the package is earmarked for on-lending […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7576],"tags":[204,726,7106,101,571,72,287,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-560934","post","type-post","status-publish","format-standard","hentry","category-development-finance","tag-banking","tag-banque-du-caire","tag-debt","tag-development-finance","tag-ebrd","tag-enterpriseam","tag-smes","tag-trade","wpautop","entry"],"acf":{"mongo_id":"f573dd3d-baa5-46a2-9732-0e25ebe2cb9d","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[560925],"teaser":"","voice_url":""},"yoast_head":"\nBanque du Caire gets USD 100 mn EBRD loan for SMEs + trade finance - 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\/2021\/03\/18\/banque-du-caire-gets-usd-100-mn-ebrd-loan-for-smes-trade-finance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque du Caire gets USD 100 mn EBRD loan for SMEs + trade finance\" \/>\n<meta property=\"og:description\" content=\"Egyptian MSMEs will have access to USD 50 mn worth of financing through Banque du Caire, which is getting a USD 100 mn loan from the European Bank for Reconstruction and Development (EBRD) to support the Egyptian economy, the bank said in a press release(pdf). 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Meanwhile, EBRD and British International Investment said they would provide\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\/2023\/2\/6.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":608250,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/17\/four-banks-could-receive-ebrd-loans-to-fund-smes-green-projects\/","url_meta":{"origin":560934,"position":3},"title":"Four banks could receive EBRD loans to fund SMEs, green projects","author":"enterpriseam admin","date":"17 October 2023","format":false,"excerpt":"The financing could be made available before the end of the year, according to a senior figure at the EBRD","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/963.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":615825,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/25\/ebrd-provides-banque-du-caire-with-usd-50-mn-financing-package-for-msmes\/","url_meta":{"origin":560934,"position":4},"title":"EBRD provides Banque du Caire with USD 50 mn financing package for MSMEs","author":"enterpriseam admin","date":"25 February 2024","format":false,"excerpt":"Up to USD 10 mn will go towards women entrepreneurs as part of the EBRD\u2019s Women in Business (WiB) programme","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\/2024\/2\/2300.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554125,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/21\/more-financing-for-smes-green-projects\/","url_meta":{"origin":560934,"position":5},"title":"More financing for SMEs + green projects","author":"enterpriseam admin","date":"21 December 2021","format":false,"excerpt":"AUB is getting USD 82 mn to on-lend to SMEs + green projects: Ahli United Bank Egypt (AUB) will receive an USD 82 mn financing package for on-lending to SMEs from the European Bank for Reconstruction and Development (EBRD), the EU and Green Climate Fund (GCF), according to an EBRD\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/435.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/560934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=560934"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/560934\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/560925"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=560934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=560934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=560934"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=560934"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=560934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}