Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

27 May 2015



PSD disclosed:

27 Apr 2015

Translated version of this PSD: Arabic

Project Description

The EBRD is considering a financing package of up to USD 140 million to QNB ALAHLI. The facility will comprise (i) a senior loan for on-lending to private small and medium enterprises (‘’SMEs’’) for up to USD 100 million; and (ii) up to USD 40 million trade finance limit for guarantees and cash advances. 

Transition Impact

The SME loan will increase the availability of finance to private SMEs allowing an increased number of SMEs, a largely underpenetrated segment, to gain access to bank credit.
The trade finance limit with QNB ALAHLI will strengthen the development of trade finance in the region promoting trade which contributes to the economic development of Egypt. 

The Client

QNB ALAHLI is the fourth largest commercial bank in Egypt. The bank has a market share of 5-8% by assets, loans and deposits. 

EBRD Finance

Up to USD 100 million.

Project Cost

Up to USD 140 million to be provided in USD.

Environmental and social categorisation, impact, and mitigation

Categorised FI (2014).  QNB AHAHLI will be required to comply with PRs 2, 4 & 9. Under the SME Loan the client will be required and apply the EBRD’s E&S Procedures for Corporate and Small Loans and submit annual environmental and social reports to the EBRD.

Technical Cooperation

Within the TFP framework and in line with technical assistance for all participating banks under the program, the trade finance limit will be supported by technical cooperation package which will enable the adoption of best practices, as well as the transfer of knowledge and skills needed trade finance.

Company Contact

Mr. Sherif Ezzat – Head of Trade Finance & Institutional Banking
Direct:  +(202)27707510
Fax:      +(202)27707799
P.O.Box 2664, Cairo, Egypt

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

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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