{"id":596702,"date":"2019-07-04T13:48:43","date_gmt":"2019-07-04T13:48:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/"},"modified":"2019-07-04T13:48:43","modified_gmt":"2019-07-04T13:48:43","slug":"bdc-obtains-usd-30-mn-loan-from-kuwait-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/","title":{"rendered":"BdC obtains USD 30 mn loan from Kuwait Fund"},"content":{"rendered":"

Banque du Caire (BdC) has secured a USD 30 mn loan from the Kuwait Fund for Arab Economic Development to increase SME financing, the bank\u2019s head of SME banking, Nader Saad, told Mubasher<\/a>. Sources told the newspaper at the end of June that the bank was in talks with the Micro, Small & Medium Enterprises Development Agency over a EGP 200 mn loan. BdC\u2019s quarterly net profits almost tripled<\/a> to EGP 1.21 bn in 1Q2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

Banque du Caire (BdC) has secured a USD 30 mn loan from the Kuwait Fund for Arab Economic Development to increase SME financing, the bank\u2019s head of SME banking, Nader Saad, told Mubasher. Sources told the newspaper at the end of June that the bank was in talks with the Micro, Small & Medium Enterprises […]<\/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":[204,2372,726,72,7087,2410,287],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596702","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-banque-du-caire","tag-enterpriseam","tag-finance","tag-kuwait-fund-for-arab-economic-development","tag-smes","wpautop","entry"],"acf":{"mongo_id":"2abc7b7e-d496-48bc-90a4-a37e94fd4367","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[596669],"teaser":"","voice_url":""},"yoast_head":"\nBdC obtains USD 30 mn loan from Kuwait Fund - 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\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BdC obtains USD 30 mn loan from Kuwait Fund\" \/>\n<meta property=\"og:description\" content=\"Banque du Caire (BdC) has secured a USD 30 mn loan from the Kuwait Fund for Arab Economic Development to increase SME financing, the bank\u2019s head of SME banking, Nader Saad, told Mubasher. Sources told the newspaper at the end of June that the bank was in talks with the Micro, Small & Medium Enterprises […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-04T13:48:43+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"BdC obtains USD 30 mn loan from Kuwait Fund\",\"datePublished\":\"2019-07-04T13:48:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/\"},\"wordCount\":81,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"Banque du Caire\",\"EnterpriseAM\",\"Finance\",\"Kuwait Fund for Arab Economic Development\",\"SMEs\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/\",\"name\":\"BdC obtains USD 30 mn loan from Kuwait Fund - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-07-04T13:48:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BdC obtains USD 30 mn loan from Kuwait Fund\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"BdC obtains USD 30 mn loan from Kuwait Fund - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/","og_locale":"en_US","og_type":"article","og_title":"BdC obtains USD 30 mn loan from Kuwait Fund","og_description":"Banque du Caire (BdC) has secured a USD 30 mn loan from the Kuwait Fund for Arab Economic Development to increase SME financing, the bank\u2019s head of SME banking, Nader Saad, told Mubasher. Sources told the newspaper at the end of June that the bank was in talks with the Micro, Small & Medium Enterprises […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-07-04T13:48:43+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"BdC obtains USD 30 mn loan from Kuwait Fund","datePublished":"2019-07-04T13:48:43+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/"},"wordCount":81,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["banking","BANKING + FINANCE","Banque du Caire","EnterpriseAM","Finance","Kuwait Fund for Arab Economic Development","SMEs"],"articleSection":["Banking + Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/","name":"BdC obtains USD 30 mn loan from Kuwait Fund - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2019-07-04T13:48:43+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"BdC obtains USD 30 mn loan from Kuwait Fund"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":601365,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/26\/banque-du-caire-in-talks-with-arab-lender-to-secure-usd-30-mn-loan\/","url_meta":{"origin":596702,"position":0},"title":"Banque du Caire in talks with Arab lender to secure USD 30 mn loan","author":"enterpriseam admin","date":"26 February 2019","format":false,"excerpt":"Banque du Caire (BdC) is in talks with an unnamed Arab financial institution for a USD 30 mn loan, Chairman Tarek Fayed told the domestic press. The bank is planning to secure USD 100 mn in loans this year as it looks to increase its financing of international trade operations\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":626973,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/bdc-studies-participation-in-egp-2-3-bn-loan-to-al-ghurair-groups-al-canal-sugar\/","url_meta":{"origin":596702,"position":1},"title":"BdC studies participation in EGP 2.3 bn loan to Al Ghurair Group\u2019s Al Canal Sugar","author":"enterpriseam admin","date":"16 July 2018","format":false,"excerpt":"Banque du Caire (BdC) is considering joining a consortium of local banks in providing Al Ghurair Group\u2019s Al Canal Sugar with a EGP 2.3 bn short-term bridge loan that will be used to fund its USD 1 bn sugar refinery, Al Shorouk reports. Qatar National Bank Ahli, AlexBank, National Bank\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":603528,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/24\/bdc-to-set-up-banking-security-company-through-employee-fund\/","url_meta":{"origin":596702,"position":2},"title":"BdC to set up banking security company through employee fund","author":"enterpriseam admin","date":"24 April 2019","format":false,"excerpt":"Banque du Caire is planning to set up a company specialized in banking security and money transfer services through its employee contribution fund, according to Masrawy. The company will have initial capital of EGP 5 mn, and will be 70% owned by the fund and 30% by an unnamed government\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":609209,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/01\/sky-reliance-logistics-in-talks-with-bdc-to-fund-multipurpose-terminal-at-east-port-said-port-plus-banque-misr-land-sale\/","url_meta":{"origin":596702,"position":3},"title":"Sky, Reliance Logistics in talks with BdC to fund multipurpose terminal at East Port Said port. Plus: Banque Misr land sale","author":"enterpriseam admin","date":"1 November 2023","format":false,"excerpt":"Plus: The Egyptian Holding Company for Silos and Storage wants to borrow EGP 5 bn to fund silo expansion","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/11.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628110,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/25\/nbe-banque-misr-bdc-to-provide-ezz-steel-rolling-mills-with-egp-3-4-bn-syndicated-loan\/","url_meta":{"origin":596702,"position":4},"title":"NBE, Banque Misr, BdC to provide Ezz Steel Rolling Mills with EGP 3.4 bn syndicated loan","author":"enterpriseam admin","date":"25 June 2018","format":false,"excerpt":"The National Bank of Egypt, Banque Misr, and Banque du Caire are reportedly providing Ezz Steel Rolling Mills with a EGP 3.4 bn syndicated loan to finance the working capital of the company\u2019s Ain Sokhna facility, unnamed banking sources tell Al Shorouk. No further details were announced.","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":596369,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/banque-du-caire-in-negotiations-to-increase-loan-to-usd-100-mn\/","url_meta":{"origin":596702,"position":5},"title":"Banque du Caire in negotiations to increase loan to USD 100 mn","author":"enterpriseam admin","date":"26 August 2019","format":false,"excerpt":"Banque du Caire (BdC) is in talks with an unnamed Arab financing institution to increase a USD 50 mn loan the bank received in February to USD 100 mn, BdC Chairman Tarek Fayed tells Al Shorouk. Fayed said back in February that the bank secured a USD 30 mn loan\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596702","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=596702"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596702\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/596669"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=596702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=596702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=596702"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=596702"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=596702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}