US$ 200 million package to support local businesses and trade

The European Bank for Reconstruction and Development (EBRD) is rolling out a programme in response to the economic impact of the coronavirus pandemic in Egypt, with a financial package for QNB ALAHLI, one of the country’s largest commercial banks, to support local enterprises.

This is the first investment to be delivered in the country under the EBRD’s coronavirus Solidarity Package, which was set up to meet the immediate short-term financing needs of existing clients

Funding agencies: European Bank for Reconstruction and Development (EBRD)

Countries: Egypt

Published: 2020-05-12

Sectors: Services