This project aimed at providing a Technical Assistance (TA) operation to support the expansion of sustainable lending to SMEs and MidCaps in Egypt, thus contributing to the broadening and deepening of the financial sector, supporting SMEs and promoting the development of the private sector as well as creating and securing employment and income in strategic sectors of Egypt.
In this purpose, the services included: Assessment of the EBE’s upgraded credit technologies, procedures and products (e.g. manuals, software, etc.) associated with SMEs and Mid-Caps loans; Provide training delivered to the EBE personnel across different departments to ensure swift roll out of new/upgraded lending and risk assessment tools and procedures; Enhanced monitoring and reporting system to be fully integrated into new and revised lending processes and procedures.