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CI Capital revenues nearly double in 1H 2023
The group’s loan book reached a record high of EGP 20 bn during the six-month period
Banque Misr’s MDI applies for digital banking license. PLUS: Cairo Metro Line 3, B.TECH + outsourcing
MDI is the first company to apply for a digital banking license
Reefy Microfinance issues EGP 700 mn in securitized bonds
The issuance was the first in a three-year, EGP 3 bn program
Beltone Financial gets the regulator’s go-ahead for DD on Cash
Beltone is now cleared to begin due diligence
Beltone reportedly wants to acquire microlender Cash
Beltone this week announced plans to acquire an undisclosed microfinance player
ADIB Egypt receives license to set up microlender. PLUS: OPay wants a digital banking license, tenders for infrastructure and industrial projects
The lender wants to open 200 branches across the country
MNT-Halan subsidiary Tasaheel + Talaat Moustafa Group close securitizations
Tasaheel’s issuance is part of a wider EGP 13 bn securitization program
Beltone wants to acquire a local microfinance player
Beltone in July closed an EGP 10 bn capital increase
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