ITFC and Saudi Exim Bank extends US$25m line financing to Banque du Caire


The International Islamic Trade Finance Corporation (ITFC) and the Saudi Export-Import Bank (Saudi EXIM Bank) have signed an agreement for a line of financing of US$25m in favour of Banque du Caire, Egypt.

This agreement is designed to support export opportunities and enable the Saudi’s small and medium enterprises (SMEs) to expand business in Egypt, facilitating exports of non-oil products to the Egyptian market.


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Posted on May 2, 2024
Region: Egypt
trade finance, SME finance, export finance
International Islamic Trade Finance Corporation, ITFC, Saudi Export-Import Bank, Saudi EXIM Bank, KSA SMEs Export Empowerment