Release date: 9 August 2016
Promoter – Financial Intermediary
NATIONAL BANK OF EGYPTLocation
Description
Loan for small and medium-sized enterprises (SMEs) to support all eligible industrial and services sectors of Egyptian economy
Objectives
Financing of small/medium projects carried out by small and medium-sized enterprises
Comments
This operation is covered by the EU Guarantee for EIB loans outside the EU.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 500 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 29/10/2016
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).