PROJECT

Projects

Summary of Investment Information

Project Number

50693

Company Name

SUEZ CANAL BANK (S.A.E)

Date SPI Disclosed

Aug 15, 2025

Country

Egypt, Arab Republic of

Region

Africa

Projected Board Date

May 30, 2025

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

May 14, 2026

Department

CF3NA - Regional Industry - FIG Africa/FIG North Africa

Industry

Financial Markets

Previous Events

Approved : Aug 5, 2025
Signed : Aug 18, 2025
Invested : May 11, 2026

Sector

Commercial Banking - SME Finance

Additional Project Attributes

Blended Finance

Project Description

The project consists of an IFC investment in the form of a 5-year straight senior loan of up to US$50 million to Suez Canal Bank (SCB or the Bank), to support the Bank’s expansion in lending to Micro, Small, and Medium Enterprises (MSMEs), including Women-owned MSMEs (WMSMEs) (the Project). The Project will receive support from the IFC’s Blended Finance Facility for Refugees (Prospects). The loan will be coupled with a trade guarantee limit of up to US$10 million to support the Bank’s trade finance activities under IFC’s Global Trade Finance Program (GTFP).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation