Banque du Caire has signed a new EGP 400m financing agreement with the Micro, Small and Medium Enterprises Development Agency (MSMEDA) to support small and medium enterprises (SMEs) across Egypt through the bank’s nationwide branch network. The agreement aligns with Banque du Caire’s strategy to promote financial inclusion and expand financing directed to the SME sector. He added that supporting the SME sector remains a top priority for Banque du Caire, pursued through an integrated framework of financial and non-financial solutions developed over years of accumulated experience. Rahmy, for his part, praised the ongoing cooperation between MSMEDA and Banque du Caire in supporting various types of enterprises, noting that the two sides have previously signed financing agreements exceeding EGP 5bn. These include 28 contracts for small enterprise financing worth EGP 507m, in addition to 20 microfinance contracts totalling EGP 4.5bn.

Source: Daily News Egypt February 03, 2026 17:21 UTC