Egypt: EBRD strengthens small business

February 11, 2016
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The European Bank for Reconstruction and Development (EBRD) continues to support small and medium-sized enterprises (SMEs) in Egypt, providing a US$30 million loan to Bank Audi SAE Egypt for on-lending to local SMEs.
 
Philip ter Woort, EBRD Director for Egypt, said: “The EBRD considers SMEs to be the backbone of the economy and we focus on strengthening them across all our countries of operations.”
 
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Countries covered:

  • Egypt