{"id":649191,"date":"2017-04-24T04:03:33","date_gmt":"2017-04-24T04:03:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/banque-misr-signs-usd-100-mn-financing-agreement-with-chinas-industrial-and-commercial-bank\/"},"modified":"2017-04-24T04:03:33","modified_gmt":"2017-04-24T04:03:33","slug":"banque-misr-signs-usd-100-mn-financing-agreement-with-chinas-industrial-and-commercial-bank","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/banque-misr-signs-usd-100-mn-financing-agreement-with-chinas-industrial-and-commercial-bank\/","title":{"rendered":"Banque Misr signs USD 100 mn financing agreement with China\u2019s Industrial and Commercial Bank"},"content":{"rendered":"<p>Banque Misr signed a USD 100 mn financing agreement with China\u2019s Industrial and Commercial Bank (ICBC) for a project led by Huawei, <a href=\"https:\/\/www.zawya.com\/mena\/en\/story\/Egypts_Banque_Misr_secures_100mln_for_Huaweiled_project-ZAWYA20170423045032\/\">Amwal Al Ghad reports<\/a>. Banque Misr had previously signed an agreement with ICBC and the China Export and Credit Insurance Corporation to provide up to USD 500 mn in funding for Egypt-based projects implemented by Chinese companies. The Egyptian bank is also expected to sign a USD 500 mn loan agreement with the Chinese Development Bank, <a href=\"http:\/\/www.dailynewsegypt.com\/2017\/04\/23\/banque-misr-sign-500m-loan-agreement-china-development-bank\/\">Daily News Egypt reports<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banque Misr signed a USD 100 mn financing agreement with China\u2019s Industrial and Commercial Bank (ICBC) for a project led by Huawei, Amwal Al Ghad reports. Banque Misr had previously signed an agreement with ICBC and the China Export and Credit Insurance Corporation to provide up to USD 500 mn in funding for Egypt-based projects [&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":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649191","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"ac943dcd-91ea-4b62-83dd-76ef5f3e3945","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649152],"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>Banque Misr signs USD 100 mn financing agreement with China\u2019s Industrial and Commercial Bank - 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\/2017\/04\/24\/banque-misr-signs-usd-100-mn-financing-agreement-with-chinas-industrial-and-commercial-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque Misr signs USD 100 mn financing agreement with China\u2019s Industrial and Commercial Bank\" \/>\n<meta property=\"og:description\" content=\"Banque Misr signed a USD 100 mn financing agreement with China\u2019s Industrial and Commercial Bank (ICBC) for a project led by Huawei, Amwal Al Ghad reports. 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China Export and Credit Insurance Corporation also agreed to cover export credit guarantees for Chinese companies. 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CDB also signed an MoU with Banque Misr to provide it with a\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":626697,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/09\/banque-misr-lends-eehc-usd-230-mn-to-finance-investment-plans\/","url_meta":{"origin":649191,"position":2},"title":"Banque Misr lends EEHC USD 230 mn to finance investment plans","author":"enterpriseam admin","date":"9 July 2018","format":false,"excerpt":"Banque Misr is lending the Egyptian Electricity Holding Company (EEHC) USD 230 mn to finance the company\u2019s investment plans, an unnamed EEHC source tells Al Shorouk. The source declined to disclose the planned investments. The bank is sourcing the funding from a USD 500 mn loan it received from the\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":637318,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/ebrd-to-sign-usd-125-mn-loan-agreement-with-banque-misr\/","url_meta":{"origin":649191,"position":3},"title":"EBRD to sign USD 125 mn loan agreement with Banque Misr","author":"enterpriseam admin","date":"13 November 2017","format":false,"excerpt":"Banque Misr will sign tomorrow a USD 125 mn loan agreement with the European Bank for Reconstruction and Development (EBRD), Banque Misr Chairman Akef El Maghraby tells Al Borsa. The facility includes a \u201csenior loan of up to USD 75 mn for on-lending to private small and medium-sized enterprises [and]\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":594158,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/21\/eib-agrees-eur-500-mn-credit-line-to-banque-misr-to-support-smes\/","url_meta":{"origin":649191,"position":4},"title":"EIB agrees EUR 500 mn credit line to Banque Misr to support SMEs","author":"enterpriseam admin","date":"21 October 2019","format":false,"excerpt":"The European Investment Bank (EIB) has signed a EUR 500 mn financing agreement with Banque Misr to support SMEs and midcaps across Egypt, according to an EIB statement. The credit line is contingent on the businesses receiving funding from Banque Misr complying with the EIB\u2019s environmental and social standards, the\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":641466,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/24\/eib-agrees-to-lend-banque-misr-usd-500-mn\/","url_meta":{"origin":649191,"position":5},"title":"EIB agrees to lend Banque Misr USD 500 mn","author":"enterpriseam admin","date":"24 September 2017","format":false,"excerpt":"The European Investment Bank (EIB) agreed last week to lend Banque Misr USD 500 mn that will be used for SME loans and financing, Vice President Akef El Maghraby tells Al Borsa. 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