NON-BANK LENDING

2021 is turning out alright for Egypt’s debt market

EFG Hermes Corp-Solutions took the lion’s share of Egypt’s leasing market in June, after more than doubling lending m-o-m, according to the Financial Regulatory Authority’s monthly report (pdf) on the non-banking financial services (NBFS) sector. EFG Hermes Corp-Solutions’ market share stood at 21.8% in June after loaning out EGP 2.2 bn, up from EGP 1.1…