AfDB grants $148M financial package to CIB to boost SMEs and Trade in Egypt ...Egypt

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AfDB grants $148M financial package to CIB to boost SMEs and Trade in Egypt
source : Business Today ( Egypt ) () 56
The AfDB outlined that this package consists of a $10 million line of credit with a 10-year tenor, a $90 million subordinated loan with a 10-year tenor, a $32 million trade finance line of credit with a 3.5-year tenor, and a $16 million trade finance line of credit from the Africa Growing Together Fund (AGTF) with a 3.5-year tenor. Business Today : المصدر AfDB grants $148M financial package to CIB to boost SMEs and Trade in Egypt

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