Latest Breaking News On - Part of team europe - Page 1 : comparemela.com

©Getty €425 million to support Egyptian SMEs and mid-caps, boosting their ability to drive the economic recovery Part of Team Europe response to the coronavirus crisis The European Investment Bank is providing Banque Misr with a €425 million credit line to support Egyptian private small and medium-sized enterprises that have been impacted by the coronavirus pandemic, and boost their ability to lead the economic recovery in the country. The credit line will finance investment projects, as well as working capital needs, in productive and service sectors, thus sustaining growth and employment while helping to mitigate the economic and social impact of the COVID-19 crisis.

Banque misrAl jizahArab republic of egyptFlavia palanzaChristian bergerAkef el maghrabyPartnership prioritiesEuropean unionCentral bankTeam europePart of team europeEuropean investment bankEuropean investmentExternal lending mandateSupport frameworkEgypt partnership priorities