{"id":562797,"date":"2021-06-07T04:00:14","date_gmt":"2021-06-07T04:00:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/07\/more-help-is-on-the-way-for-smes-courtesy-of-afreximbank\/"},"modified":"2021-06-07T04:00:14","modified_gmt":"2021-06-07T04:00:14","slug":"more-help-is-on-the-way-for-smes-courtesy-of-afreximbank","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/07\/more-help-is-on-the-way-for-smes-courtesy-of-afreximbank\/","title":{"rendered":"More help is on the way for SMEs, courtesy of Afreximbank"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Afreximbank will loan United Bank USD 600 mn for on-lending to SMEs and to support trade <\/strong><strong>finance<\/strong>, <a href=\"https:\/\/bit.ly\/3clLoHi\">Masrawy<\/a> reports, citing sources it says are in the know. Afreximbank provided a credit facility of the same amount to the bank last year to help SMEs access financing during the covid-19 pandemic, the sources said. The African multilateral lender provided <a href=\"https:\/\/bit.ly\/3fUSuVd\">almost USD 5 bn to Egypt<\/a> last year, including <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4cf1edfe-551d-43cc-ab65-ec4dcccbeaa8\">USD 3.55 bn<\/a> to the banking sector to support the economy through the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Afreximbank will loan United Bank USD 600 mn for on-lending to SMEs and to support trade finance, Masrawy reports, citing sources it says are in the know. Afreximbank provided a credit facility of the same amount to the bank last year to help SMEs access financing during the covid-19 pandemic, the sources said. The African [&hellip;]<\/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":[8114],"tags":[421,204,101,72,287,132,7193],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562797","post","type-post","status-publish","format-standard","hentry","category-smes","tag-afreximbank","tag-banking","tag-development-finance","tag-enterpriseam","tag-smes","tag-trade","tag-united-bank","wpautop","entry"],"acf":{"mongo_id":"58f7ff7a-2d04-47a9-9b63-037eca4450b5","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[562783],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>More help is on the way for SMEs, courtesy of Afreximbank - 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\/06\/07\/more-help-is-on-the-way-for-smes-courtesy-of-afreximbank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More help is on the way for SMEs, courtesy of Afreximbank\" \/>\n<meta property=\"og:description\" content=\"Afreximbank will loan United Bank USD 600 mn for on-lending to SMEs and to support trade finance, Masrawy reports, citing sources it says are in the know. Afreximbank provided a credit facility of the same amount to the bank last year to help SMEs access financing during the covid-19 pandemic, the sources said. The African [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/07\/more-help-is-on-the-way-for-smes-courtesy-of-afreximbank\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-07T04:00:14+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/07\/more-help-is-on-the-way-for-smes-courtesy-of-afreximbank\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/07\/more-help-is-on-the-way-for-smes-courtesy-of-afreximbank\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"More help is on the way for SMEs, courtesy of Afreximbank\",\"datePublished\":\"2021-06-07T04:00:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/07\/more-help-is-on-the-way-for-smes-courtesy-of-afreximbank\/\"},\"wordCount\":89,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"AfreximBank\",\"banking\",\"development finance\",\"EnterpriseAM\",\"SMEs\",\"trade\",\"United Bank\"],\"articleSection\":[\"SMEs\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/07\/more-help-is-on-the-way-for-smes-courtesy-of-afreximbank\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/07\/more-help-is-on-the-way-for-smes-courtesy-of-afreximbank\/\",\"name\":\"More help is on the way for SMEs, courtesy of Afreximbank - 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