{"id":567389,"date":"2020-01-21T05:37:02","date_gmt":"2020-01-21T05:37:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/21\/ebtikar-submits-proposal-to-set-up-two-consumer-financing-companies\/"},"modified":"2020-01-21T05:37:02","modified_gmt":"2020-01-21T05:37:02","slug":"ebtikar-submits-proposal-to-set-up-two-consumer-financing-companies","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/21\/ebtikar-submits-proposal-to-set-up-two-consumer-financing-companies\/","title":{"rendered":"Ebtikar submits proposal to set up two consumer financing companies"},"content":{"rendered":"

<\/a> Ebtikar wants to set up two consumer financing companies:<\/strong> B Investments\u2019 Ebtikar has submitted documents to the General Authority for Investment to establish two consumer finance companies, according to the local press<\/a>. No details were provided on the value of the companies. CEO Ayman El Desouki previously said that one of the companies would provide financing for cars and the other for consumer goods. Ibtikar launched its microfinance activity last January<\/a> through its subsidiary Vitas Misr for Microfinance. We reported in December<\/a> that Vitas is planning to extend EGP 300 mn in loans to SME clients this year. The company is also in talks with four local banks for a EGP 200 mn loan.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ebtikar wants to set up two consumer financing companies: B Investments\u2019 Ebtikar has submitted documents to the General Authority for Investment to establish two consumer finance companies, according to the local press. No details were provided on the value of the companies. CEO Ayman El Desouki previously said that one of the companies would provide […]<\/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":[8572],"tags":[4422,140,138,72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567389","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-ayman-el-desouki","tag-b-investments","tag-ebtikar","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"afab1a1c-0f79-4b54-a712-e0d7c2bcb02f","is_powered_by":true,"section_story_id":"b76f4e40-96de-4115-9c51-34c2a8378c0d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[567371],"teaser":"","voice_url":""},"yoast_head":"\nEbtikar submits proposal to set up two consumer financing companies - 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\/2020\/01\/21\/ebtikar-submits-proposal-to-set-up-two-consumer-financing-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ebtikar submits proposal to set up two consumer financing companies\" \/>\n<meta property=\"og:description\" content=\"Ebtikar wants to set up two consumer financing companies: B Investments\u2019 Ebtikar has submitted documents to the General Authority for Investment to establish two consumer finance companies, according to the local press. No details were provided on the value of the companies. CEO Ayman El Desouki previously said that one of the companies would provide […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/21\/ebtikar-submits-proposal-to-set-up-two-consumer-financing-companies\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-21T05:37:02+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/21\/ebtikar-submits-proposal-to-set-up-two-consumer-financing-companies\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/21\/ebtikar-submits-proposal-to-set-up-two-consumer-financing-companies\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ebtikar submits proposal to set up two consumer financing companies\",\"datePublished\":\"2020-01-21T05:37:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/21\/ebtikar-submits-proposal-to-set-up-two-consumer-financing-companies\/\"},\"wordCount\":122,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Ayman El-Desouki\",\"B Investments\",\"Ebtikar\",\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/21\/ebtikar-submits-proposal-to-set-up-two-consumer-financing-companies\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/21\/ebtikar-submits-proposal-to-set-up-two-consumer-financing-companies\/\",\"name\":\"Ebtikar submits proposal to set up two consumer financing companies - 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