Emirates NBD Egypt has partnered with the European Bank for Reconstruction and Development to establish a $25 million risk-sharing facility supporting Egyptian private sector growth and export expansion.
The agreement comprises $15 million in unfunded and $10 million in funded risk-sharing structures, making Emirates NBD Egypt the first institution to access this EBRD facility format. The partnership will enhance lending capabilities in local and foreign currencies while improving small and medium enterprise access to blended finance.
EBRD guarantees cover up to 65% of sub-loans extended under the scheme, significantly reducing risk exposure for qualifying businesses. Special emphasis targets youth-led ventures and companies with strong export potential, addressing key economic development priorities.
Emirates NBD Egypt, with €3.0 billion in assets and over 60 branches across 27 governorates, employs approximately 2,300 staff members. The bank’s extensive network provides crucial reach for implementing the facility across diverse economic sectors.
The initiative aligns with EBRD’s Egypt country strategy promoting transition to a greener, more competitive economy. Private sector growth, innovation, and governance enhancement receive particular focus under the partnership framework.
Egypt’s membership as an EBRD founding nation has generated over €13.3 billion in investments across 202 projects since 2012. These investments span infrastructure, agribusiness, manufacturing, and technical support for over 500 local SMEs.
Export-oriented businesses stand to benefit significantly from improved access to foreign currency financing. Egypt’s strategic location connecting Africa, Asia, and Europe provides substantial export opportunities across multiple markets.
The facility supports eligible clients through tailored EBRD advisory services, enhancing business development capabilities beyond financial support. This comprehensive approach addresses both capital and knowledge gaps constraining private sector growth.
Young entrepreneurs represent a particular focus area, leveraging Egypt’s demographic advantage where youth comprise a significant portion of the population seeking economic opportunities.
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