VOL. XLI

No. 48

30-November-1998

EGYPT

EIB Grants Egypt ECU25Mn Credit Line

The European Investment Bank (EIB) announced on 17 November that is hadawarded an ECU25mn ($30mn) credit line to Egypt to support small and medium enterprises.The facility will be channeled through five Egyptian financial institutions comprising theExport Development Bank of Egypt, the Industrial Development Bank of Egypt, MisrInternational Bank, Egyptian Finance Corporation and the National Societe General Bank.The...