CAIRO, Sept 5 (Reuters) - State-run National Bank of Egypt (NBE) said on Wednesday it had signed a $600 million loan agreement with the China Development Bank.
It said in a statement the loan deal was signed in Beijing on Tuesday “to finance the working capital of NBE customers”, without elaborating.
NBE received a $700 million loan from the China Development Bank to finance infrastructure projects in 2016.
Egypt is trying to spur economic growth after a 2011 uprising ushered in political instability that scared off tourists and foreign investors. (Reporting by Ehab Farouk; Writing by John Davison; Editing by Mark Potter)