EBRD, British International Investment provide $100mln subordinated loan to Banque du Caire

EBRD, British International Investment provide $100mln subordinated loan to Banque du Caire

Egypt - The European Bank for Reconstruction and Development (EBRD) and British International Investment (BII) are providing a $100m subordinated loan to Banque du Caire, one of Egypt’s largest banks, strengthening Banque du Caire’s Tier II capital. This facility will support the growth plans of Banque du Caire and optimise its capital structure.

Providing long-term, Tier II funding will accelerate Banque du Caire’s ambitious growth plans, increasing its capital and guaranteeing the availability of much-needed funds to enhance Banque du Caire’s growth within various sectors of the market.

With one of Egypt’s largest branch networks (248 branches nationwide), a market-leading position in microfinance, and a strategic push towards digital distribution channels, Banque du Caire is well placed to serve market segments that are critical for advancing financial inclusion in the country.

As part of the cooperation, the EBRD will support Banque du Caire in implementing a corporate climate governance action plan (CCGAP), helping to integrate climate change considerations into the bank’s corporate practices, in accordance with the principles of the Task Force on Climate-related Financial Disclosures.

Alongside this support, BII will play an integral role in shaping Banque du Caire’s strategy and organisational culture by providing guidance on the management of environmental and social