Reaching underserved SMEs across Egypt

Sector: Financials

MDB/DFI Counterpart: EBRD

ILX participated in a syndicated loan arranged by EBRD to one of the largest banks in Egypt. The bank has a long-standing role in supporting businesses and economic activity across the country. With an extensive nationwide presence, it plays a key role in reaching MSMEs, particularly beyond the Greater Cairo region where access to finance remains more limited.

The facility supports the bank’s lending to MSMEs, enabling the bank to expand the availability of medium-term funding for underserved businesses, helping them to grow, create jobs and strengthen resilience in the real economy. By extending access to finance beyond the Greater Cairo region, the investment contributes to more inclusive and balanced economic development across Egypt.

Sustainability theme: Financial Inclusion

SDG 8SDG 9