The Central Bank of Egypt reviewed plans to expand sustainable finance cooperation with the European Investment Bank (EIB), including activating a technical assistance program. Governor Hassan Abdalla discussed the partnership with EIB Vice President Gelsomina Vigliotti during her visit to Egypt. The two institutions are also preparing to sign a cooperation agreement that includes technical capacity building. The central bank joined the EIB’s Greening Financial Systems Program in July 2025 and plans to activate it in the coming period to support its sustainable finance work. The meeting also addressed Egypt’s economic developments and banking sector financial soundness. Vigliotti highlighted high capital adequacy and liquidity ratios, alongside a low proportion of nonperforming loans, as indicators of the sector’s strength.
Central Bank of Egypt reviews plans to activate green finance support program with European Investment Bank
The Central Bank of Egypt discussed plans with the European Investment Bank to activate the Greening Financial Systems Program, which it joined in July 2025 to support sustainable finance. The institutions are also preparing to sign a cooperation agreement covering technical capacity building.