{"id":591790,"date":"2019-12-17T04:44:43","date_gmt":"2019-12-17T04:44:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/ebrd-to-support-green-sme-projects-with-usd-150-mn-loan\/"},"modified":"2019-12-17T04:44:43","modified_gmt":"2019-12-17T04:44:43","slug":"ebrd-to-support-green-sme-projects-with-usd-150-mn-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/ebrd-to-support-green-sme-projects-with-usd-150-mn-loan\/","title":{"rendered":"EBRD to support green SME projects with USD 150 mn loan"},"content":{"rendered":"

<\/a> EBRD to support SMEs with USD 150 mn loan:<\/strong> The National Bank of Egypt will be receiving a USD 150 mn loan from the European Bank for Reconstruction and Development (EBRD) to onlend to SMEs, the EBRD said in a statement<\/a>. The proceeds will allow NBE to open a USD 100 mn credit line to help Egyptian SMEs participate in energy efficiency and climate projects, which we noted last week, and a USD 50 mn line to launch two new training program within SMEs: the Youth in Business and the Skills in Business programs.<\/p>\n

Corrected on 9 February 2020<\/em>
\nAn earlier version of this story incorrectly said that SMEs engaged in green projects will benefit from the full USD 150 mn loan. Green SMEs will only have access to USD 100 mn. The remainder will be channeled into the two new EBRD programs noted above.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

EBRD to support SMEs with USD 150 mn loan: The National Bank of Egypt will be receiving a USD 150 mn loan from the European Bank for Reconstruction and Development (EBRD) to onlend to SMEs, the EBRD said in a statement. The proceeds will allow NBE to open a USD 100 mn credit line to […]<\/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":[8572],"tags":[147,72,7125,7087,287,2380,368],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-591790","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-climate-change","tag-enterpriseam","tag-environment","tag-finance","tag-smes","tag-speed-round","tag-sustainability","wpautop","entry"],"acf":{"mongo_id":"c58ac3d2-3dc2-41d5-8e90-1e8103e44a5b","is_powered_by":true,"section_story_id":"b4a3d9c2-a3fc-4c89-8f7c-72befbd95171","story_type":"1","photo_url":"","photo_position":"above","related_issue":[591774],"teaser":"","voice_url":""},"yoast_head":"\nEBRD to support green SME projects with USD 150 mn loan - 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\/2019\/12\/17\/ebrd-to-support-green-sme-projects-with-usd-150-mn-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD to support green SME projects with USD 150 mn loan\" \/>\n<meta property=\"og:description\" content=\"EBRD to support SMEs with USD 150 mn loan: The National Bank of Egypt will be receiving a USD 150 mn loan from the European Bank for Reconstruction and Development (EBRD) to onlend to SMEs, the EBRD said in a statement. The proceeds will allow NBE to open a USD 100 mn credit line to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/ebrd-to-support-green-sme-projects-with-usd-150-mn-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-17T04:44:43+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\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\/2019\/12\/17\/ebrd-to-support-green-sme-projects-with-usd-150-mn-loan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/ebrd-to-support-green-sme-projects-with-usd-150-mn-loan\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EBRD to support green SME projects with USD 150 mn loan\",\"datePublished\":\"2019-12-17T04:44:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/ebrd-to-support-green-sme-projects-with-usd-150-mn-loan\/\"},\"wordCount\":147,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"climate change\",\"EnterpriseAM\",\"environment\",\"Finance\",\"SMEs\",\"SPEED ROUND\",\"sustainability\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/ebrd-to-support-green-sme-projects-with-usd-150-mn-loan\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/ebrd-to-support-green-sme-projects-with-usd-150-mn-loan\/\",\"name\":\"EBRD to support green SME projects with USD 150 mn loan - 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The money will be used to help businesses make more efficient use of energy, water and land, as well\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\/6\/72.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":591790,"position":1},"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":555413,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/14\/more-green-finance-for-smes-courtesy-of-the-ebrd\/","url_meta":{"origin":591790,"position":2},"title":"More green finance for SMEs, courtesy of the EBRD","author":"enterpriseam admin","date":"14 November 2021","format":false,"excerpt":"Banque Misr in line for more EBRD climate financing: The European Bank for Reconstruction and Development (EBRD) could soon sign off on a USD 100 mn facility to state-owned Banque Misr to finance local SMEs working on green projects, according to the lender\u2019s website. The state-owned bank will on-lend the\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":611835,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/13\/ebrd-delivers-on-umcs-usd-50-mn-loan-mulls-two-loans-to-aibank\/","url_meta":{"origin":591790,"position":3},"title":"EBRD delivers on UMC\u2019s USD 50 mn loan, mulls two loans to aiBank","author":"enterpriseam admin","date":"13 December 2023","format":false,"excerpt":"The lender is weighing two loans to aiBank worth USD 35 mn for on-lending to agribusiness and green projects","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\/10\/1316.jpg?fit=%2C&ssl=1&resize=350%2C200","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":591790,"position":4},"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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