EBE plays a vital role in supporting Egyptian exporters and facilitating the access of Egyptian products to markets worldwide.
Profile
The Export Development Bank of Egypt (EBE) was founded in 1983 with the mission to boost and facilitate the Egyptian exports in all sectors, agricultural, industrial and commercial.
EBE soon distinguished itself as a core of export operations in Egypt. EBE's emphasis on the client and dedicated vision to boosting exporters gained it the trust of several Small and Medium Enterprises (SMEs), individuals and Financial Institutions.
The bank plays an integral role locally and internationally. Locally through their import substitution projects to improve local production, and internationally through facilitating Egyptian products to the worldwide market through financing export transactions. EBE’s full range of services is available to all of their clientele.
EBE has branched out throughout Egypt and founded a network of correspondent banks with economic ties to Egypt, all with the aim of facilitating business to Egyptian exporters.
EBE supports industries through its diversified product offerings. Though EBE lends special attention to exporters and import-substitution industries through corporate lending and syndicated loans, its diversified financial packages are extended to non-exporting industries as well.
EBE is committed to promoting the SME sector, as it recognizes that SMEs are the back-bone of the Egyptian economy, representing more than 75% of total employed workforce according to recent government estimates. Thus, EBE is committed to facilitating SMEs, in line with the 2005 IFC Agreement Sustainability Goals.
The bank’s primary vision is to provide and maintain their diversified services and products at a high quality through its well spread network of branches and ATMs placed throughout Egypt along with their network of corresponded banks abroad.
