|Export Development Bank of Egypt (EBank) |
Export Credit Agency (ECA) in Egypt
About Export Development Bank of Egypt
The Export Development Bank of Egypt (EBank) was founded in 1983 with a mission to boost and facilitate Egyptian exports in all sectors: agricultural, industrial and commercial.
EBank soon distinguished itself as the core of export operations in Egypt.
EBank’s emphasis on client service and its dedicated vision to boosting exporters has earned it the trust of many Egyptian Small and Medium Enterprises (SMEs), individuals and financial institutions.
The bank plays an integral role in the Egyptian economy, both locally and internationally – locally, through their import substitution projects to improve local production; and internationally, through bringing Egyptian products to the worldwide market through its financing export transactions.
EBank promotes the SME sector in line with the 2005 IFC Agreement Sustainability Goals, as it recognizes that SMEs form the backbone of the Egyptian economy, representing more than 75% of the country’s total employed workforce, according to recent government estimates.
The bank’s primary vision is to provide and maintain its diversified services and products at a high quality through its network of branches and ATMs placed throughout Egypt, along with its network of partner banks abroad.
A summary of Export Development Bank of Egypt
Products and services offered by Export Development Bank of Egypt
- Working capital finance
- Financing related to import/export transactions (pre/post-shipment)
- Structured trade finance
- Financing export projects
- Competitive offers/rates for trade finance (LGs, LCs & Collections)
Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio
Finished Goods – Our innovative structuring capabilities allow us to put together complex finance structures, even if the end goods are finished
Metals – From scrap metal to alloys, we help traders and distributors access trade, receivable or PO finance for iron, steel and non-ferrous metals
Are you an exporter based in Egypt?
See our TFG Egypt Export guide here .