Banque du Caire (BDC), Egypt’s leading microfinance institution with nearly 250 branches, will receive a $100 million subordinated loan from British International Investment (BII) and the European Bank for Reconstruction and Development (EBRD). The purpose is to support BDC’s growth plans, optimize its capital structure and enhance its growth.
Through this cooperation, the EBRD will support the implementation of BDC’s corporate climate governance action plan. In addition, BII will provide guidance to the bank on the management of environmental and social risk in its business operations.
