Transaction

Saib Bank invests EGP 300 million in Erada Finance's operations in Egypt

Announced

11 July 2026

Target

Erada For Microfinance

Value

$6m

Asset class

Private Credit

Type

Debt Financing

Instrument

Term Loan

Lead investors

Saib Bank

Investors

Saib Bank

Sector

Financial services / Microfinance Institutions, MSME Lending

Markets

Egypt

About the target

Erada For Microfinance, trading as Erada Finance, is an Egypt-based non-banking financial institution specialising in microfinance and small and medium enterprise financing. Established in 2022 through a partnership between Etisalat Egypt by e&, The Sovereign Fund of Egypt’s financial services and fintech platform, and Amr Abou El-Azm, the company provides financing products for entrepreneurs and existing businesses across Egypt. Its products include microfinance, SME financing, Islamic financing, merchant financing and light-vehicle financing. Erada’s website states that it serves more than 72,000 clients and operates 80 branches.