Egypt is restructuring the National Investment Bank to expand financing for development projects that carry risks beyond the capacity of commercial banks, Planning and Economic Development Minister Ahmed Rostem said.
Speaking at the fourth edition of the Egyptian Entrepreneurship Sector Annual Report Summit, SDR 2026, Rostem said the restructuring has been underway for around seven months and covers the bank’s budget and financial structure. The goal is to restore a stronger financial base and enable the bank to work more closely with commercial banks and other financing institutions.
According to the minister, the government has completed settlements worth about EGP 298 billion during the period, compared with EGP 146 million over the previous five years, and is nearing completion of work on the bank’s accumulated liabilities.
The revamped financing model will focus on productive and development sectors, offering medium- and long-term funding for projects requiring more flexible risk tools. Rostem said the approach is not based on grants, but on financing projects with growth potential and viable returns.
The government is also working with international financing institutions, including the World Bank, on guarantees for medium-sized infrastructure projects. The planned mechanism would support local-currency financing for renewable energy, water desalination, water treatment and wastewater projects, with guarantees extending for up to 20 years.
Source: Al Mal News
