{"id":549167,"date":"2022-09-06T04:00:23","date_gmt":"2022-09-06T04:00:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/06\/aman-microfinance-in-talks-for-egp-1-bn-facility\/"},"modified":"2022-09-06T04:00:23","modified_gmt":"2022-09-06T04:00:23","slug":"aman-microfinance-in-talks-for-egp-1-bn-facility","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/06\/aman-microfinance-in-talks-for-egp-1-bn-facility\/","title":{"rendered":"Aman Microfinance in talks for EGP 1 bn facility"},"content":{"rendered":"<p><strong>Raya Holding subsidiary Aman Microfinance is negotiating an EGP 1 bn credit <\/strong><strong>facility with four<\/strong> <strong>banks<\/strong>, Raya IR head Ahmed Nour Eldin told Enterprise, confirming a story first reported by Amwal Alghad. Aman is in talks with Credit Agricole, United Bank, Abu Dhabi Islamic Bank and Al Ahli Bank of Kuwait for the facility, which will fund working capital, Nour Eldin said.<\/p>\n<p><strong>Negotiations shouldn\u2019t take long: <\/strong>\u201cIt normally takes us only 2-3 months to negotiate credit facilities and receive approvals from banks since they are particularly supportive when it comes to providing credit facilities for microfinancing,\u201d Nour Eldin said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raya Holding subsidiary Aman Microfinance is negotiating an EGP 1 bn credit facility with four banks, Raya IR head Ahmed Nour Eldin told Enterprise, confirming a story first reported by Amwal Alghad. Aman is in talks with Credit Agricole, United Bank, Abu Dhabi Islamic Bank and Al Ahli Bank of Kuwait for the facility, which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7274],"tags":[2364,88,72,614],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549167","post","type-post","status-publish","format-standard","hentry","category-debt-watch","tag-aman-for-microfinance","tag-debt-watch","tag-enterpriseam","tag-raya-holding","wpautop","entry"],"acf":{"mongo_id":"2b4d5169-e33a-4b23-b15c-2cb5ddd32be0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[549157],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Aman Microfinance in talks for EGP 1 bn facility - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/06\/aman-microfinance-in-talks-for-egp-1-bn-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aman Microfinance in talks for EGP 1 bn facility\" \/>\n<meta property=\"og:description\" content=\"Raya Holding subsidiary Aman Microfinance is negotiating an EGP 1 bn credit facility with four banks, Raya IR head Ahmed Nour Eldin told Enterprise, confirming a story first reported by Amwal Alghad. Aman is in talks with Credit Agricole, United Bank, Abu Dhabi Islamic Bank and Al Ahli Bank of Kuwait for the facility, which [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/06\/aman-microfinance-in-talks-for-egp-1-bn-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-06T04:00:23+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/06\/aman-microfinance-in-talks-for-egp-1-bn-facility\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/06\/aman-microfinance-in-talks-for-egp-1-bn-facility\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Aman Microfinance in talks for EGP 1 bn facility\",\"datePublished\":\"2022-09-06T04:00:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/06\/aman-microfinance-in-talks-for-egp-1-bn-facility\/\"},\"wordCount\":107,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Aman for Microfinance\",\"debt watch\",\"EnterpriseAM\",\"Raya Holding\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/06\/aman-microfinance-in-talks-for-egp-1-bn-facility\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/06\/aman-microfinance-in-talks-for-egp-1-bn-facility\/\",\"name\":\"Aman Microfinance in talks for EGP 1 bn facility - 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