Vitas Misr for Microfinance, a subsidiary of B Investments’ Ebtikar, is planning to extend as much as EGP 200 mn in loans by 2020 to more than 10,000 SME clients, CEO Hossam Heiba tells Al Mal. The company is expecting to obtain its final permit within two weeks. We earlier noted that B Investments plans to use some of the EGP 150 mn it will invest in SME finance subsidiary Ebtikar towards raising capital for regional microfinance firm Vitas Group.

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