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AAIL eyes a securitization this year + plans to launch a factoring arm
Arab African International Leasing (AAIL) plans to issue securitized bonds worth EGP 500-600 mn by the end of 2023, Chairman…
EFG Hermes Corp-Solutions plans to take out EGP 2 bn in loans this year
EFG Hermes Corp-Solutions is negotiating with banks to borrow EGP 2 bn in 2022, CEO Talal Elayat told Al Mal…
State Department nods to USD 2.5 bn arms sale to Egypt
US green-lights USD 2.5 bn Egypt arms sale: Egypt could spend as much as USD 2.5 bn (EGP 39.3 bn)…
EFG Hermes signs EGP 750 mn sale and leaseback agreement with Misr Italia
EFG Hermes’ leasing and factoring arm has signed an EGP 750 mn sale and leaseback agreement with Misr Italia Properties…
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…
More leasing, please.
GlobalCorp Financial Services is in talks with seven banks to borrow at least EGP 1.4 bn to back its leasing…
EFG’s leasing and factoring ambitions
EFG Hermes Corp-Solutions plans to grow its leasing and factoring portfolio by EGP 3 bn in 2021, CEO Talal Elayat…
Torrid growth continues in factoring, microfinance
GB Auto’s NBFS arm Drive had the largest share of Egypt’s factoring market in February after more than doubling lending…
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