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What we’re tracking on 26 July 2020
It’s a slow news day to get this second shortened workweek started — with just about everyone in the private…
What we’re tracking on 15 July 2020
Good morning, friends, and welcome to the day we here like to think of as almost-THURSDAY. Three-day weekends are supplanting…
Gov’t unveils package of measures to boost consumer spending
Gov’t unveils package of measures to boost consumer spending: A new package of measures designed to push the economy through…
More consumer products are now eligible for finance as FRA looks to boost consumer spending
LEGISLATION WATCH- You can get consumer finance for just about anything now: Consumers will now be able to pay for…
Seven would-be consumer finance companies want to enter the increasingly crowded industry
Seven consumer finance companies have license applications in with the FRA to formally join an increasingly crowded industry, Al Mal…
FRA tightens prudential regulations on consumer finance companies
REGULATION WATCH- The FRA has set new solvency standards for consumer finance companies in a bit to curb concentration risk…
FinMin allows consumer finance companies to deduct a larger portion of interest payments from their tax bills
REGULATION WATCH- FinMin allows consumer finance companies to deduct a larger portion of interest payments from their tax bills: Consumer…
Sarwa issues EGP 1.8 bn of securitized bonds
DEBT WATCH- Sarwa closes two-tranche EGP 1.8 bn securitized bond issuance: Structured- and consumer-finance player Sarwa Capital has issued EGP…
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