Egypt: EBRD funding for the financial sector

March 4, 2016
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On Thursday 3 March 2016, in an invitation to pre-qualification, the European Bank for Reconstruction and Development (EBRD) announced its intention to use part of its contribution to the ‘Middle–East and North Africa Fund Transition’ grant in favour of the Central Bank of Egypt. According to an EBRD statement, “pre-qualification and tendering for contracts is open to firms and joint ventures of firms from any country and all grants will be administered by the EBRD.” The contribution will be used to support the costs of the Central Securities Depository System, Collateral Management System and Electronic Links with other CSDs (MCDR, Euroclear, Clearstream, etc.), Auction System and Data Warehouse.

Countries covered:

  • Egypt