EBank signs new loan agreement from EBRD up to USD 25 mn
First Bank
EBank announces in a statement to the Egyptian exchange today, regarding signing an agreement, tomorrow Wednesday, Feb. 21, 2024, between EBRD and Export Development Bank of Egypt (EBank) to grant a loan up to USD 25 mn for EBank.
This was within the scope of support provided by the European Bank for Reconstruction and Development (EBRD) to small and medium-sized enterprises in Egypt.
This new facility focuses on exporting enterprises and complements EBank's services to exporters.