EBRD preferred by Mohamed el-Etreby, Banque Misr
Egypt’s second-largest Bank is turning to development institutions to fund itself and expand its SME lending portfolio while the central Bank keeps interest rates high.
Someone shares this article with you
▪ EBRD preferred by Mohamed el-Etreby, Banque Misr
▪ Egypt’s second-largest Bank is turning to development institutions to fund itself and expand its SME lending portfolio while the central Bank keeps interest rates high.
▪ https://www.africabusinessplus.com/en/815574/ebrd-preferred-by-mohamed-el-etreby-banque-misr/
Banque Misr will receive new multilateral funding. The Egyptian financial group, under Mohamed el-Etreby since 2015, will receive a senior unsecured loan of up to $100 million from the European Bank for Reconstruction and Development (EBRD).
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Bank
27/10/2023 at 16h55, by Africa Business+
Banque du Caire returns to the EBRD amid currency stress
The European financial institution is backing the financial group and three other Egyptian banks in...
Bank
27/07/2023 at 14h53, by Africa Business+
Egypt: World Bank continues to support Al Baraka Bank
In the wake of several currency devaluations, the country’s weak banks have sought funding from international...
Energy
17/04/2023 at 16h23, by Africa Business+
ONEE Director General Abderrahim El Hafidi takes on the EBRD for €200 million sustainable bonds
Plagued by the energy crisis, the Moroccan National Office of Electricity and Drinking Water is refinancing...
Bank
16/12/2022 at 16h45, by Africa Business+, updated 17/12/2022
Advans Tunisia again receives EBRD funds
The microfinance organisation obtained a €3 million loan from the European bank, targeted at micro and...
Agri-food industry
12/12/2022 at 14h09, by Africa Business+
EBRD invests €14m in Morocco’s Multisac
The European financial institution is renewing its previous support of new expansion projects for the...
Bank
14/11/2022 at 17h43, by Africa Business+
Banque Misr receives $160m financing from AfDB and PBOC
Egypt’s second-largest bank will use the liquidity partly provided by the pan-African bank and China...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.