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EBE secures $15m loan from Green for Growth Fund

EBE secures $15m loan from Green for Growth Fund
EBE achieved net profits of EGP 1.103 billion in fiscal year 2019/2020

Cairo – Mubasher: Export Development Bank of Egypt has obtained a $15 million loan from the Green for Growth Fund (GGF).

The loan will be used to finance customers in different sectors to enhance energy efficiency, the bank said in a statement to the Egyptian Exchange (EGX) on Monday.

During fiscal year 2019/2020, EBE achieved net profits of EGP 1.103 billion, slightly down from EGP 1.116 billion a year earlier.