Home Page Pioneers Holding Website Site Map
Cairo For Investment And Real EstateCairo Investment & Real Estate Development (CIRA.CA) Reports 3 Months Standalone Results       Cairo Educational Services (CAED.CA) Reports 3 Months Results       Egypt to re-establish commodities exchange in 2021       EMPC sees net profits of EGP 105B in 2020       Release from Nile City Investment (NCIN.CA) Concerning The Companys Hierarchy       Prime Holding (PRMH.CA) - AGM Minutes (before Certification)       Pioneers Holding (PIOH.CA) - Board of Directors Decisions       Nile City Investment (NCIN.CA) - Corporate Governance Report       Mohandes Insurance (MOIN.CA) Release Concerning a Clients Shares       Release from Elsaeed Contracting & Real Estate Investment Company SCCD (UEGC.CA) Concerning Board Of Directors Decisions Of Pioneers Holding Co.       Release from Giza General Contracting (GGCC.CA) Concerning Board Of Directors Decisions Of Pioneers Holding Co.       Egyptian Gulf Bank (EGBE.CA) - Board of Directors Decisions       Release from Electro Cable Egypt (ELEC.CA) Concerning The Board Of Directors Decisions Of Pioneers Holding Co       Egyptian International Pharmaceuticals (EIPICO) (PHAR.CA) - Board of Directors Decisions       Memphis Pharmaceuticals (MPCI.CA) - Board Of Directors Decisions       North Cairo Mills (MILS.CA) - AGM & EGM Minutes (before Certification)       Golden Textiles & Clothes Wool (GTWL.CA) Disclosure Form For The BoD & The Shareholders Structure       El Arabia for Land Reclamation (EALR.CA) AGM Decisions       El Kahera Housing (ELKA.CA) - Pioneers Holding Board of Directors Decisions       Edita Food Industries S.A.E (EFID.CA) - Release Concerning a Shareholders Future Investment Plan      
ACGC.CA  5.67    1.07%      AFDI.CA  12.02    1.52%      APSW.CA  2.71    1.88%      COMI.CA  73.35    0.87%      EFIC.CA  16.93    1.93%      EGTS.CA  1.55    2.65%      EHDR.CA  5.13    2.40%      EKHO.CA  0.80    -1.23%      ELEC.CA  0.89    3.49%      ELKA.CA  14.98    0.00%      EMOB.CA  128.73    1.83%      EPCO.CA  2.30    0.00%      ESRS.CA  19.59    0.98%      ETEL.CA  13.49    -0.37%      HRHO.CA  23.27    0.00%      IFAP.CA  2.38    2.15%      KABO.CA  1.49    0.68%      MNHD.CA  10.29    1.78%      MOIL.CA  0.28    3.70%      NCGC.CA  6.55    0.00%      OCDI.CA  19.54    0.41%      OCIC.CA  217.47    0.00%      ORTE.CA  4.42    1.38%      PHDC.CA  4.06    1.50%      PIOH.CA  8.47    0.59%      SPIN.CA  2.05    1.49%      SVCE.CA  5.49    2.23%      SWDY.CA  136.72    0.80%      TMGH.CA  10.22    1.89%      UEGC.CA  0.77    1.32%      
First Name
Last Name
E-Mail
E-Mail
EBRD provide $15M loan to AAIB

Cairo: The European Bank for Reconstruction and Development provided the Arab African International Bank with a $15-million loan in light of its support to improvements in the energy efficiency of the Egyptian private sector businesses.
According to the EBRD, the loan is co-financed by $15 million from the Agence Franaise de Dveloppement (AFD), and will increase the investment in the green economy in Egypt.
Loans will cover investments in green technologies, such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water-efficient irrigation systems. Businesses can identify typical green technologies through the Technology Selector, the bank clarified.
According to EBRD, the loans are complemented by EU funds to help companies identify the most efficient equipment or technologies and verify their use once they are installed.
In October, EBRD reviewed the provision of two senior loans to the National Bank of Egypt (NBE) with a total amount of $50 million. EBRD explained that it revised the provision of a senior loan to NBE of up to $20 million on-lending to local, private, high-growth Small and Medium Enterprises (SMEs), which commit to strengthening their capacity to train and retain skilled labor, in particular of youth.
The second loan is a senior unsecured loan to NBE worth $30 million to be provided by the EBRD to the program, Egypt Youth in Business (EgyptYiB). The proceeds of the loan will be on-lent to local private enterprises that are led or owned by youth, EBRD noted.
Since the start of EBRD operations in Egypt in 2012, the bank has invested over 5.3 billion in 99 projects in the country. In 2018, Egypt was the largest EBRD country of operations in terms of new commitments.
Time Added: 2019-11-07 09:25:23
Source: arabfinance
  print
Send to a friend
Your Name
Your E-mail
Your Friend Name
Your Friend E-mail
Your Message
 
Share on Facebook

Related News
Cairo For Investment And Real EstateCairo Investment & Real Estate Development (CIRA.CA) Reports 3 Months Standalone Results
Cairo Educational Services (CAED.CA) Reports 3 Months Results
Egypt to re-establish commodities exchange in 2021
EMPC sees net profits of EGP 105B in 2020
Release from Nile City Investment (NCIN.CA) Concerning The Companys Hierarchy
Prime Holding (PRMH.CA) - AGM Minutes (before Certification)
Pioneers Holding (PIOH.CA) - Board of Directors Decisions
Nile City Investment (NCIN.CA) - Corporate Governance Report
Mohandes Insurance (MOIN.CA) Release Concerning a Clients Shares
Release from Elsaeed Contracting & Real Estate Investment Company SCCD (UEGC.CA) Concerning Board Of Directors Decisions Of Pioneers Holding Co.