{"id":67239,"date":"2021-06-05T20:49:48","date_gmt":"2021-06-05T18:49:48","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=67239"},"modified":"2021-06-05T20:49:48","modified_gmt":"2021-06-05T18:49:48","slug":"ebrd-extends-100m-loan-to-nbe-to-back-smes-in-egypt","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/ebrd-extends-100m-loan-to-nbe-to-back-smes-in-egypt\/","title":{"rendered":"EBRD extends $ 100m loan to NBE to back SMEs in Egypt"},"content":{"rendered":"<p dir=\"ltr\" style=\"background: white; margin: 0cm 0cm 12.75pt; text-align: left;\"><span style=\"font-family: 'Arial','sans-serif'; color: #2f343a;\">The <a href=\"https:\/\/www.csregypt.com\/en\/ebrd-to-extend-10-m-to-egypts-1st-private-renewable-energy-project\/\">European Bank for Reconstruction and Development (EBRD)<\/a> extended a $ 100 million loan the\u00a0<a style=\"box-sizing: border-box;\" href=\"https:\/\/www.nbe.com.eg\/NBE\/E\/#\/EN\/Home\"><span style=\"color: #0079c1; text-decoration: none; text-underline: none;\">National Bank of Egypt<\/span><\/a>\u00a0(NBE) to support small and medium-sized enterprises, especially in the fields of energy efficiency, climate change mitigation and the introduction of adaptation technologies.<\/span><\/p>\n<p dir=\"ltr\" style=\"background: white; box-sizing: border-box; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: left; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0cm 0cm 12.75pt;\"><span style=\"font-family: 'Arial','sans-serif'; color: #2f343a;\">NBE will on-lend the funds to SMEs in industry, commerce, and agriculture to help improve the use of energy, water and land resources, as well as investments in high-performing technologies, to support the Egyptian economy. Businesses can identify typical green technologies available in Egypt through the Green Economy Financing Facility (GEFF)\u00a0<a style=\"box-sizing: border-box;\" href=\"http:\/\/ebrdgeff.com\/egypt\/database\/\"><span style=\"color: #0079c1; text-decoration: none; text-underline: none;\">Technology Selector<\/span><\/a>.\u00a0<\/span><\/p>\n<p dir=\"ltr\" style=\"background: white; box-sizing: border-box; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: left; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0cm 0cm 12.75pt;\"><span style=\"font-family: 'Arial','sans-serif'; color: #2f343a;\">This is the third EBRD GEFF loan provided to NBE, which will also benefit from a comprehensive technical cooperation program. As part of the project, NBE will strengthen climate corporate governance at an institutional level.<\/span><\/p>\n<p dir=\"ltr\" style=\"background: white; box-sizing: border-box; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: left; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0cm 0cm 12.75pt;\"><span style=\"font-family: 'Arial','sans-serif'; color: #2f343a;\">NBE is the largest commercial bank in Egypt. Its cooperation with the EBRD, which began in 2013, has included credit and trade finance lines, also to support women entrepreneurs and youth-led and -owned businesses and to strengthen energy efficiency.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Bank for Reconstruction and Development (EBRD) extended a $ 100 million loan the\u00a0National Bank of Egypt\u00a0(NBE) to support small and medium-sized enterprises, especially in the fields of energy efficiency, climate change mitigation and the introduction of adaptation technologies. NBE will on-lend the funds to SMEs in industry, commerce, and agriculture to help improve [&hellip;]<\/p>\n","protected":false},"author":410,"featured_media":67246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6262,984,6095],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EBRD extends $ 100m loan to NBE to back SMEs in Egypt - Csr Egypt<\/title>\n<meta name=\"description\" content=\"(EBRD) extended a $ 100 million loan the\u00a0National Bank of Egypt\u00a0(NBE) to support small and medium-sized enterprises.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/ebrd-extends-100m-loan-to-nbe-to-back-smes-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD extends $ 100m loan to NBE to back SMEs in Egypt - 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