European Bank for Reconstruction and Development provides $8M green loan to Cairo Amman Bank Palestine

Financing Renewable Energy announced Palestine Feb 27, 2026

USD8M

Deal Value

The European Bank for Reconstruction and Development provided an $8 million green loan to Cairo Amman Bank Palestine to support the Palestinian private sector through eco-friendly initiatives, including renewable energy, efficiency upgrades, and water-saving projects for MSMEs and households.

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Counterparts (2)

Partner

Cairo Amman Bank Palestine

company

Cairo Amman Bank Palestine is a commercial bank established in 1960, offering a wide range of retail and corporate banking services across Palestine, Jordan, and Bahrain. The bank is actively involved in financing green projects, as evidenced by its recent US$8 million agreement with the EBRD to support sustainable initiatives in Palestine.

Lender

European Bank for Reconstruction and Development

company

The European Bank for Reconstruction and Development (EBRD) is a multilateral development bank that invests in projects in emerging economies across three continents. It supports projects that promote private sector development, sustainable infrastructure, and the transition to a green economy.

Deal Analysis

The European Bank for Reconstruction and Development (EBRD) has announced an $8 million green loan to Cairo Amman Bank Palestine. This financing is specifically designed to support the Palestinian private sector, including micro, small, and medium-sized enterprises (MSMEs) and households, through the implementation of eco-friendly initiatives. The funds will be directed towards projects focused on renewable energy, efficiency upgrades, and water-saving technologies, aligning with global sustainability objectives. This transaction highlights the EBRD's strategic focus on promoting green economic transitions and supporting emerging economies. By leveraging Cairo Amman Bank Palestine as a local financial intermediary, the EBRD ensures that capital is channeled directly to local businesses and communities, enabling investments in sustainable infrastructure and practices. The emphasis on green initiatives addresses critical environmental and economic needs within the region, fostering resilience and sustainable growth for the Palestinian private sector.

An $8 million green loan provided by the European Bank for Reconstruction and Development (EBRD).
Targets Palestinian MSMEs and households for eco-friendly initiatives.
Funds projects in renewable energy, efficiency upgrades, and water-saving technologies.
Involves a multilateral development bank (EBRD) partnering with a local bank (Cairo Amman Bank Palestine).

Source Intelligence

KEY DETAILS

The funding is being provided under the EBRD’s Green Economy Financing Facility. The initiative is backed by the EU-EBRD Sustainable Growth4All Programme, which is providing a full package of technical assistance and investment grants. This support includes expert guidance to help implement the programme and grants that may cover up to 25 per cent of the investment cost for eligible MSMEs and households. The financing will also help strengthen local supply chains for green technologies. Since beginning its work in the West Bank and Gaza in 2017, the EBRD has approved 37 projects with a total value of €192.2 million.

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Deal Size

US$8 million (€6.9 million equivalent) loan

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Location

Palestinian private sector and households through an US$8 million (€6.9 million equivalent) loan to Cairo Amman Bank Palestine.

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Financials

US$8 million (€6.9 million equivalent) loan

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Announcement

Friday, February 27, 2026

PARTIES MENTIONED IN SOURCE

European Bank for Reconstruction and Development lender

"The European Bank for Reconstruction and Development is extending support to the Palestinian private sector and households through an US$8 million (€6.9 million equivalent) loan to Cairo Amman Bank Palestine."

Cairo Amman Bank Palestine borrower

"loan to Cairo Amman Bank Palestine."

micro, small and medium-sized enterprises sub-borrower/recipient

"Cairo Amman Bank Palestine will on-lend the funds to private sub-borrowers, including micro, small and medium-sized enterprises as well as residential clients."

residential clients sub-borrower/recipient

"Cairo Amman Bank Palestine will on-lend the funds to private sub-borrowers, including micro, small and medium-sized enterprises as well as residential clients."

high quality Enriched Feb 27, 2026

Timeline

Announced

Feb 27, 2026

Signed

Closed

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Source

solarquarter.com

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