{"id":576868,"date":"2022-11-01T04:00:05","date_gmt":"2022-11-01T04:00:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/01\/qnb-al-ahli-could-be-getting-usd-20-mn-in-ebrd-funding-to-lend-to-youth-led-smes\/"},"modified":"2022-11-01T04:00:05","modified_gmt":"2022-11-01T04:00:05","slug":"qnb-al-ahli-could-be-getting-usd-20-mn-in-ebrd-funding-to-lend-to-youth-led-smes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/01\/qnb-al-ahli-could-be-getting-usd-20-mn-in-ebrd-funding-to-lend-to-youth-led-smes\/","title":{"rendered":"QNB Al Ahli could be getting USD 20 mn in EBRD funding to lend to youth-led SMEs"},"content":{"rendered":"

EBRD money for youth-led SMEs<\/strong>:<\/strong> Qatar National Bank Al Ahli (QNB Al Ahli) could be getting a senior unsecured loan of up to USD 20 mn from the European Reconstruction and Development Bank (EBRD) for on-lending to youth-led MSMEs, according to the lender\u2019s website<\/a>.<\/p>\n

What\u2019s a senior loan, you ask? <\/strong>A senior bank loan is money lent to a business by a financial institution which is then repackaged and sold to other investors. Senior loans are usually the first to be repaid to creditors in the event of bankruptcy.<\/p>\n

And who\u2019s eligible?<\/strong> MSMEs that are majority owned by people under 35 years old will be able to apply for funding under the scheme. \u201cThe project is expected to increase the pool of financing available to young individuals in Egypt and to help this group of borrowers build their skill-set and develop their businesses, thereby promoting youth entrepreneurship and youth's participation in business through an integrated approach,\u201d the lender said.<\/p>\n","protected":false},"excerpt":{"rendered":"

EBRD money for youth-led SMEs: Qatar National Bank Al Ahli (QNB Al Ahli) could be getting a senior unsecured loan of up to USD 20 mn from the European Reconstruction and Development Bank (EBRD) for on-lending to youth-led MSMEs, according to the lender\u2019s website. What\u2019s a senior loan, you ask? A senior bank loan is […]<\/p>\n","protected":false},"author":1,"featured_media":576869,"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":[204,88,101,571,72,625,287],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-576868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development-finance","tag-banking","tag-debt-watch","tag-development-finance","tag-ebrd","tag-enterpriseam","tag-qnb-alahli","tag-smes","wpautop","entry"],"acf":{"mongo_id":"9aee219b-3a81-4336-82b2-9ae48efdd3b8","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/11\/40.jpg","photo_position":"above","related_issue":[576860],"teaser":"","voice_url":""},"yoast_head":"\nQNB Al Ahli could be getting USD 20 mn in EBRD funding to lend to youth-led 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\/2022\/11\/01\/qnb-al-ahli-could-be-getting-usd-20-mn-in-ebrd-funding-to-lend-to-youth-led-smes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QNB Al Ahli could be getting USD 20 mn in EBRD funding to lend to youth-led SMEs\" \/>\n<meta property=\"og:description\" content=\"EBRD money for youth-led SMEs: Qatar National Bank Al Ahli (QNB Al Ahli) could be getting a senior unsecured loan of up to USD 20 mn from the European Reconstruction and Development Bank (EBRD) for on-lending to youth-led MSMEs, according to the lender\u2019s website. 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The National Bank of Kuwait Egypt (NBK Egypt) could get another USD 10 mn senior unsecured loan from the European Bank of Reconstruction and Development (EBRD) for on-lending to youth-led MSMEs, according to the lender\u2019s website.What\u2019s a senior loan? A senior bank loan is\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":558505,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/15\/green-sme-projects-to-get-more-help-from-ebrd\/","url_meta":{"origin":576868,"position":2},"title":"Green SME projects to get more help from EBRD","author":"enterpriseam admin","date":"15 August 2021","format":false,"excerpt":"AUB Egypt could get USD 22 mn for green projects, SMEs: Ahli United Bank Egypt may receive up to USD 22 mn from the European Bank for Reconstruction and Development (EBRD) and the Global Climate Fund (GCF) for on-lending to Egyptian SMEs working on green projects, according to the EBRD\u2019s\u2026","rel":"","context":"In "SMEs"","block_context":{"text":"SMEs","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/smes\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/161.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562909,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/ebrd-plans-for-more-green-loans-to-egypt\/","url_meta":{"origin":576868,"position":3},"title":"EBRD plans for more green loans to Egypt","author":"enterpriseam admin","date":"10 June 2021","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) is set to lend QNB Al Ahli USD 50 mn to on-lend to green and renewable energy projects, pending approval on 14 July, according to the bank\u2019s website. The loan \u2014 USD 7.5 mn of which will be financed by the Green\u2026","rel":"","context":"In "Green economy"","block_context":{"text":"Green economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/green-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/151.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":576868,"position":4},"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":[]},{"id":598318,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/qnb-alahli-in-talks-with-ebrd-for-usd-70-mn-loan\/","url_meta":{"origin":576868,"position":5},"title":"QNB Alahli in talks with EBRD for USD 70 mn loan","author":"enterpriseam admin","date":"21 May 2019","format":false,"excerpt":"QNB Alahli is in talks with the European Bank for Reconstruction and Development (EBRD) over a USD 70 mn loan, the local press reports. The loan will be used to finance renewable energy projects, SMEs and value chains.","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/576868","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=576868"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/576868\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/576860"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/576869"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=576868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=576868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=576868"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=576868"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=576868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}