{"id":569259,"date":"2020-02-18T04:33:21","date_gmt":"2020-02-18T04:33:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/18\/efg-is-looking-to-consolidate-its-leasing-and-factoring-arms\/"},"modified":"2020-02-18T04:33:21","modified_gmt":"2020-02-18T04:33:21","slug":"efg-is-looking-to-consolidate-its-leasing-and-factoring-arms","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/18\/efg-is-looking-to-consolidate-its-leasing-and-factoring-arms\/","title":{"rendered":"EFG is looking to consolidate its leasing and factoring arms"},"content":{"rendered":"

EFG Hermes is looking to consolidate its leasing and factoring arms into one entity, EFG Hermes Leasing CEO Ahmed El Kholy tells the local press<\/a>. The company\u2019s current financial leasing portfolio is worth some EGP 3.5 bn, 16% of which is focused on SMEs.<\/p>\n","protected":false},"excerpt":{"rendered":"

EFG Hermes is looking to consolidate its leasing and factoring arms into one entity, EFG Hermes Leasing CEO Ahmed El Kholy tells the local press. The company\u2019s current financial leasing portfolio is worth some EGP 3.5 bn, 16% of which is focused on SMEs.<\/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":[9298],"tags":[4618,2372,72,593,242],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569259","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-ahmed-el-kholy","tag-banking-finance","tag-enterpriseam","tag-factoring","tag-leasing","wpautop","entry"],"acf":{"mongo_id":"155bb321-11d6-4610-95e9-27192d5b7d5b","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[569232],"teaser":"","voice_url":""},"yoast_head":"\nEFG is looking to consolidate its leasing and factoring arms - 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\/02\/18\/efg-is-looking-to-consolidate-its-leasing-and-factoring-arms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFG is looking to consolidate its leasing and factoring arms\" \/>\n<meta property=\"og:description\" content=\"EFG Hermes is looking to consolidate its leasing and factoring arms into one entity, EFG Hermes Leasing CEO Ahmed El Kholy tells the local press. 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El Kholy made the remarks as the company signed an EGP 20 mn facility to channel more funding to small and medium-sized industries.\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562093,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/efgs-leasing-and-factoring-ambitions\/","url_meta":{"origin":569259,"position":1},"title":"EFG\u2019s leasing and factoring ambitions","author":"enterpriseam admin","date":"6 May 2021","format":false,"excerpt":"EFG Hermes Corp-Solutions plans to grow its leasing and factoring portfolio by EGP 3 bn in 2021, CEO Talal Elayat told Al Mal, according to a report in the newspaper\u2019s print edition this morning. The company signed leasing and factoring agreements worth EGP 1 bn in 1Q2021, bringing its total\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599551,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/efg-hermes-hsbc-agree-to-make-available-egp-400-mn-in-financing-for-smes\/","url_meta":{"origin":569259,"position":2},"title":"EFG Hermes, HSBC agree to make available EGP 400 mn in financing for SMEs","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"EFG Hermes Leasing and HSBC Egypt have agreed to allow SMEs access to EGP 400 mnin leasing and financing servicesduring 2019, according to an EFG statement. The agreement, aimed to provide SMEs with low interest rates as well as medium- and long-term funding to support both capex and cash flows,\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":547020,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/06\/efg-hermes-corp-solutions-closes-egp-500-mn-bond-issuance\/","url_meta":{"origin":569259,"position":3},"title":"EFG Hermes Corp-Solutions closes EGP 500 mn bond issuance","author":"enterpriseam admin","date":"6 June 2022","format":false,"excerpt":"EFG Hermes Corp-Solutions has closed an EGP 500 mn bond issuance that the company said is the first component of a \u201cwider EGP 3 bn bond program\u201d for the leasing and factoring player. EFG Hermes investment banking division announced the close of the transaction in a statement (pdf) out yesterday.What\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/157.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556012,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/06\/efg-hermes-signs-egp-750-mn-sale-and-leaseback-agreement-with-misr-italia\/","url_meta":{"origin":569259,"position":4},"title":"EFG Hermes signs EGP 750 mn sale and leaseback agreement with Misr Italia","author":"enterpriseam admin","date":"6 October 2021","format":false,"excerpt":"EFG Hermes\u2019 leasing and factoring arm has signed an EGP 750 mn sale and leaseback agreement with Misr Italia Properties to refinance its Garden 8 Mall in New Cairo, EFG Hermes Corp-Solutions announced in a statement (pdf).Misr Italia will direct the funds to other projects: The money raised through the\u2026","rel":"","context":"In "NON-BANK FINANCE"","block_context":{"text":"NON-BANK FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/category\/non-bank-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/84.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558669,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/22\/2021-is-turning-out-alright-for-egypts-debt-market\/","url_meta":{"origin":569259,"position":5},"title":"2021 is turning out alright for Egypt\u2019s debt market","author":"enterpriseam admin","date":"22 August 2021","format":false,"excerpt":"EFG Hermes Corp-Solutions took the lion\u2019s share of Egypt\u2019s leasing market in June, after more than doubling lending m-o-m, according to the Financial Regulatory Authority\u2019s monthly report (pdf) on the non-banking financial services (NBFS) sector. EFG Hermes Corp-Solutions\u2019 market share stood at 21.8% in June after loaning out EGP 2.2\u2026","rel":"","context":"In "NON-BANK LENDING"","block_context":{"text":"NON-BANK LENDING","link":"https:\/\/enterpriseam.com\/egypt\/category\/non-bank-lending\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/223.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/569259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=569259"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/569259\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/569232"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=569259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=569259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=569259"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=569259"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=569259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}