{"id":575096,"date":"2020-10-01T04:00:16","date_gmt":"2020-10-01T04:00:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/banque-du-caire-receives-usd-15-mn-from-sanad-for-onlending-to-smes\/"},"modified":"2020-10-01T04:00:16","modified_gmt":"2020-10-01T04:00:16","slug":"banque-du-caire-receives-usd-15-mn-from-sanad-for-onlending-to-smes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/banque-du-caire-receives-usd-15-mn-from-sanad-for-onlending-to-smes\/","title":{"rendered":"Banque du Caire receives USD 15 mn from Sanad for onlending to SMEs"},"content":{"rendered":"

Banque du Caire has received USD 15 mn from German development bank KfW\u2019s Sanad Fund for on-lending to SMEs, a jointstatement (pdf) said<\/a> on Wednesday. Chairman Tarek Fayed said the funding will be aimed at low-income and village residents, providing needed liquidity for farmers, small agricultural enterprises and micro-financing institutions.<\/p>\n","protected":false},"excerpt":{"rendered":"

Banque du Caire has received USD 15 mn from German development bank KfW\u2019s Sanad Fund for on-lending to SMEs, a jointstatement (pdf) said on Wednesday. Chairman Tarek Fayed said the funding will be aimed at low-income and village residents, providing needed liquidity for farmers, small agricultural enterprises and micro-financing institutions.<\/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":[9298],"tags":[2372,726,101,72,1282,287],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575096","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-banque-du-caire","tag-development-finance","tag-enterpriseam","tag-kfw","tag-smes","wpautop","entry"],"acf":{"mongo_id":"86a28ece-5396-4449-a770-c12b8536bec8","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[575069],"teaser":"","voice_url":""},"yoast_head":"\nBanque du Caire receives USD 15 mn from Sanad for onlending to SMEs - 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\/2020\/10\/01\/banque-du-caire-receives-usd-15-mn-from-sanad-for-onlending-to-smes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque du Caire receives USD 15 mn from Sanad for onlending to SMEs\" \/>\n<meta property=\"og:description\" content=\"Banque du Caire has received USD 15 mn from German development bank KfW\u2019s Sanad Fund for on-lending to SMEs, a jointstatement (pdf) said on Wednesday. Chairman Tarek Fayed said the funding will be aimed at low-income and village residents, providing needed liquidity for farmers, small agricultural enterprises and micro-financing institutions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/banque-du-caire-receives-usd-15-mn-from-sanad-for-onlending-to-smes\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-01T04:00:16+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\/2020\/10\/01\/banque-du-caire-receives-usd-15-mn-from-sanad-for-onlending-to-smes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/banque-du-caire-receives-usd-15-mn-from-sanad-for-onlending-to-smes\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque du Caire receives USD 15 mn from Sanad for onlending to SMEs\",\"datePublished\":\"2020-10-01T04:00:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/banque-du-caire-receives-usd-15-mn-from-sanad-for-onlending-to-smes\/\"},\"wordCount\":62,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"Banque du Caire\",\"development finance\",\"EnterpriseAM\",\"Kfw\",\"SMEs\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/banque-du-caire-receives-usd-15-mn-from-sanad-for-onlending-to-smes\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/banque-du-caire-receives-usd-15-mn-from-sanad-for-onlending-to-smes\/\",\"name\":\"Banque du Caire receives USD 15 mn from Sanad for onlending to SMEs - 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The two sides are expecting to reach a final agreement over the loan sometime during 1H2019.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634997,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/sanad-loans-banque-du-caire-usd-10-mn-for-msmes\/","url_meta":{"origin":575096,"position":1},"title":"SANAD loans Banque Du Caire USD 10 mn for MSMEs","author":"enterpriseam admin","date":"30 January 2018","format":false,"excerpt":"The Sanad Fund for MSMEs announced on Monday that it will finance USD 10 mn in loans for Banque du Caire\u2019s lending capabilities for micro, small, and medium enterprises (MSMEs), according to a press statement picked up by Al Mal. This is the second USD 10 mn financing package SANAD\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567650,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/02\/whos-in-the-market-for-debt-2\/","url_meta":{"origin":575096,"position":2},"title":"Who\u2019s in the market for debt?","author":"enterpriseam admin","date":"2 December 2020","format":false,"excerpt":"Banque du Caire is getting USD 30 mn in tier-two capital under a financing agreement with German development bank KfW\u2019s Sanad fund, Hapi journal reports. The facility, the final agreement for which Banque du Caire and Sanad signed yesterday, will be used for on-lending to SMEs and farmers. MEANWHILE- Ora\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560934,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/banque-du-caire-gets-usd-100-mn-ebrd-loan-for-smes-trade-finance\/","url_meta":{"origin":575096,"position":3},"title":"Banque du Caire gets USD 100 mn EBRD loan for SMEs + trade finance","author":"enterpriseam admin","date":"18 March 2021","format":false,"excerpt":"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\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575286,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/egypts-alexandria-petroleum-is-going-greener-with-usd-250-mn-ebrd-loan\/","url_meta":{"origin":575096,"position":4},"title":"Egypt\u2019s Alexandria Petroleum is going greener with USD 250 mn EBRD loan","author":"enterpriseam admin","date":"11 October 2020","format":false,"excerpt":"DEBT WATCH- Alexandria Petroleum going greener with USD 250 mn EBRD loan: The European Bank for Reconstruction and Development (EBRD) will provide state-owned Alexandria Petroleum Company (APC) with a USD 250 mn sovereign loan to partially finance USD 647 mn in water and energy efficiency upgrades at the company\u2019s diesel\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":579284,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/ebrd-and-partners-fund-more-green-finance-for-smes-ebrd-bii-lend-usd-100-mn-to-bdc\/","url_meta":{"origin":575096,"position":5},"title":"EBRD and partners fund more green finance for SMEs + EBRD, BII lend USD 100 mn to BdC","author":"enterpriseam admin","date":"1 February 2023","format":false,"excerpt":"DFIs to fund more green projects + privatization candidate BdC gets funding: More funding for green projects will be available to local SMEs courtesy of the European Bank for Reconstruction and Development (EBRD), the EU, and the Green Climate Fund. 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