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The project consists of a senior loan to Bank of Alexandria S.A.E (AlexBank or the Bank) to target small and medium enterprises (SMEs) and sustainable energy finance (SEF). Established in 1957 and a proud member of the Intesa San Paolo Group (ISP or the Group) since 2007, today AlexBank is one of Egypt’s leading private sector banks. As one of the largest private sector banks in terms of total assets and No.1 in retail assets market share, AlexBank also owns one of the largest private sector branch networks in the country, with a total of 170 branches located in every major Egyptian governorate and more than 5,000 employees.
Status
Active
Start Date
2017
Donor
Funding Instrument
Country
Region
Thematic
Unique ID
307
Amount in USD (in million)
100.00