National Bank of Egypt SME Credit Line



Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

01 Oct 2013



PSD disclosed:

07 Jun 2013

Translated version of this PSD: Arabic

Project Description

The EBRD is considering a financing package of up to USD 100 million to the National Bank of Egypt.

The facility will comprise

(i) a senior loan of up to USD 50 million for on-lending to private micro, small and medium enterprises (‘’MSMEs’’); and

(ii) a trade finance limit of up to USD 50 million for guarantees and cash advances.

The project will be the first EBRD transaction in the Egyptian Financial Sector.

Transition Impact

The MSME loan will increase availability of medium-term funding to the MSME sector allowing an increased number of MSMEs gaining access to (medium term) bank credits.

The trade finance limit with NBE will strengthen the development of trade finance in the region promoting trade which contributes to the economic development of Egypt.

The Client

NBE is the largest commercial bank in Egypt wholly owned by the Government of Egypt. With total assets of EUR 42 billion, NBE has a market share of 20-27% by assets, loans and deposits.

NBE has identified MSME lending as a strategic priority, has necessary infrastructure in place and is committed to work together with the Bank to further develop this business line.

EBRD Finance

MSME Loan: up to USD 50 million.

Project Cost

Up to USD 100 million.

Environmental Impact

Categorised FI. NBE will be required to comply with the EBRD's Performance Requirements 2 and 9 and the EBRD’s Environmental and Social Procedures for Small and Micro Loans. This will include adherence to the EBRD's Environmental and Social Exclusion Lists and submission of annual environmental and social reports to the Bank.

Technical Cooperation

The facility will be supported by technical cooperation projects which will enable transfer of best practices, knowledge and skills in MSME lending and trade finance.

Company Contact

Abbas Chams
Deputy General Manager
International Loans

Tel: + 202 25945312


Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

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