Early Warning System

Countries

Egypt

Geographic location where the impacts of the investment may be experienced.

Financial Institutions

European Bank for Reconstruction and Development (EBRD)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Proposed

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Borrower

BANQUE DU CAIRE SAE - BDC

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Finance
Industry and Trade

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Guarantee

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 47.30 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 40
Converted using 2025-09-17 exchange rate.

Project Cost (USD)

$ 94.60 million

Bank Documents

PSD Translation (Arabic)

Primary Source

Original disclosure @ EBRD website

Updated in EWS Oct 23, 2025

Disclosed by Bank Sep 17, 2025

Contribute Information
Can you contribute information about this project?
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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the project consists of the provision of a Portfolio Risk Sharing ("PRS") limit in the form of an unfunded financial guarantee with an aggregate amount of up to EUR 40 million equivalent, in two tranches, where Tranche A will be up to EUR 25 million and Tranche B of up to EUR 15 million, covering up to 50% of the aggregate amount of a granular portfolio of newly issued eligible sub-loans to micro, small, and medium enterprises ("MSMEs") of up to EUR 80 million (the "Covered Portfolio") originated by Banque du Caire ("BDC") for up to 5 years.

The project aims to support local eligible SMEs across Egypt, providing greater access to financial resources and opportunities, by releasing the bank's risk-taking capacity.

Early Warning System Project Analysis

For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Categorised FI (ESP 2019): BDC is an existing client of the Bank and has been reporting on its E&S performance under existing exposure.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

Provision of a Portfolio Risk Sharing ("PRS") limit in the form of an unfunded financial guarantee with an aggregate amount of up to EUR 40 million equivalent, in two tranches, where Tranche A will be up to EUR 25 million and Tranche B of up to EUR 15 million, covering up to 50% of the aggregate amount of a granular portfolio of newly issued eligible sub-loans of up to EUR 80 million originated by the client for up to 5 years.

Financial Intermediary

A financial intermediary is a bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.

Banque du Caire (Financial Intermediary)

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Banque du Caire SAE - BDC is a full-service commercial bank in Egypt. It is the 6th largest bank in Egypt with total assets of ca. USD 9.4bn as of YE2024. The bank operates the third largest branch network in Egypt, with 249 branches spread across 27 governorates. BDC is ultimately owned by Banque Misr, the second largest bank in Egypt.

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Yasmin Sabri
Yasmin.Sabri@bdc.com.eg
www.bdc.com.eg
6 Dr Mostafa Abu Zahra Street, Nasr City, Cairo, Egypt

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html