Cairo - Mubasher: The European Investment Bank (EIB) has signed the second installment worth EUR 250 million of the EUR 500 million financing agreement with Banque Misr.
The loan will be used to finance the small- and medium-sized enterprises (SMEs), a source told Enterprise.
In December 2017, Egypt’s second-largest state-run bank and EIB signed the first tranche worth EUR 250 million of the financing agreement.
