Brief: The European Bank for Reconstruction and Development (EBRD) is partnering with QNB to boost SME financing in Egypt. With a €35 million risk-sharing facility backed by the European Union, QNB will be able to provide up to €70 million in new funding to local businesses. This partnership also includes a climate risk assessment tool, further enhancing the sustainable impact of this initiative.
Tags: #Egypt #EBRD #SMEs #QNB #SustainableDevelopment
