The small and medium-sized enterprise (SME) unit at the Egyptian Banking Institute (EBI) has organised a field trip to Italy, with a view to learning from the European nation’s experience in fostering SMEs.
Among those taking part in the trip will be representatives of the Central Bank of Egypt (CBE), as well as risk-department administrators from several banks working in the Egyptian market.
Participants aim to become acquainted with the basics of international practice in the financial support of SMEs. They will seek to exchange experiences with their Italian counterparts, while learning methods for creating a suitable environment for the growth of SMEs.
The banks taking part in the visit include Banque Misr, Bank of Alexandria, Credit Agricole, Qatar National Bank Al-Ahli (QNB), International Commercial Bank (ICB) and Abu Dhabi Islamic Bank (ADIB). There will also be a number of representatives from the non-banking financial sector.
Among the financial institution taking part are Banca D’Italia, Deutsche Bank, UniCredit, Intesa Sanpaolo, and Banca Popolare Di Milano, in addition to a number of credit risk insurance companies in Rome and Milan, such as SACE.