Small and Medium-sized Enterprises
FRA approved offering licenses to credit rating companies specialized in small and medium-sized enterprises
The European Investment Bank (EIB) and Bank of Alexandria (Alexbank) signed a financing agreement worth €20 million to support small and medium-sized enterprises.
The EBRD credit line to Banque Misr will enable Egypt's second largest public bank to increase its funding for SMEs.
While SMEs shape around 90 percent of all firms in Egypt and provide the majority of jobs, their access to finance remains a challenge
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