{"id":594618,"date":"2019-09-02T03:51:57","date_gmt":"2019-09-02T03:51:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/bdc-looks-to-issue-egp-20-bn-in-corporate-financing-by-end-of-2020\/"},"modified":"2019-09-02T03:51:57","modified_gmt":"2019-09-02T03:51:57","slug":"bdc-looks-to-issue-egp-20-bn-in-corporate-financing-by-end-of-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/bdc-looks-to-issue-egp-20-bn-in-corporate-financing-by-end-of-2020\/","title":{"rendered":"BdC looks to issue EGP 20 bn in corporate financing by end of 2020"},"content":{"rendered":"<p>State-owned Banque du Caire (BdC) plans to issue EGP 20 bn in corporate loans by the end of 2020, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=01092019&id=af6daa42-8d3c-4220-a345-4131230d633d\">an unnamed bank official told Al Shorouk<\/a>. The bank will reportedly lend to businesses working in the energy, petrochemicals, real estate, food and communications sectors. The bank expects to lend EGP 3 bn between now and the end of the year, raising its corporate financing portfolio to EGP 43 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned Banque du Caire (BdC) plans to issue EGP 20 bn in corporate loans by the end of 2020, an unnamed bank official told Al Shorouk. The bank will reportedly lend to businesses working in the energy, petrochemicals, real estate, food and communications sectors. The bank expects to lend EGP 3 bn between now and [&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":[9298],"tags":[204,2372,726,7106,72,7087],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594618","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-banque-du-caire","tag-debt","tag-enterpriseam","tag-finance","wpautop","entry"],"acf":{"mongo_id":"bab8c931-2b92-4804-8ea3-c2b25690519f","is_powered_by":true,"section_story_id":"b22f1bad-c624-4bfa-85f8-7e3c6fa3554d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[594586],"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>BdC looks to issue EGP 20 bn in corporate financing by end of 2020 - 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\/2019\/09\/02\/bdc-looks-to-issue-egp-20-bn-in-corporate-financing-by-end-of-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BdC looks to issue EGP 20 bn in corporate financing by end of 2020\" \/>\n<meta property=\"og:description\" content=\"State-owned Banque du Caire (BdC) plans to issue EGP 20 bn in corporate loans by the end of 2020, an unnamed bank official told Al Shorouk. The bank will reportedly lend to businesses working in the energy, petrochemicals, real estate, food and communications sectors. The bank expects to lend EGP 3 bn between now and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/bdc-looks-to-issue-egp-20-bn-in-corporate-financing-by-end-of-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-02T03:51:57+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\/2019\/09\/02\/bdc-looks-to-issue-egp-20-bn-in-corporate-financing-by-end-of-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/bdc-looks-to-issue-egp-20-bn-in-corporate-financing-by-end-of-2020\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"BdC looks to issue EGP 20 bn in corporate financing by end of 2020\",\"datePublished\":\"2019-09-02T03:51:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/bdc-looks-to-issue-egp-20-bn-in-corporate-financing-by-end-of-2020\/\"},\"wordCount\":77,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"Banque du Caire\",\"debt\",\"EnterpriseAM\",\"Finance\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/bdc-looks-to-issue-egp-20-bn-in-corporate-financing-by-end-of-2020\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/bdc-looks-to-issue-egp-20-bn-in-corporate-financing-by-end-of-2020\/\",\"name\":\"BdC looks to issue EGP 20 bn in corporate financing by end of 2020 - 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This will include a planned USD 5 mn capital increase in BdC majority-owned\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":596702,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/","url_meta":{"origin":594618,"position":2},"title":"BdC obtains USD 30 mn loan from Kuwait Fund","author":"enterpriseam admin","date":"4 July 2019","format":false,"excerpt":"Banque du Caire (BdC) has secured a USD 30 mn loan from the Kuwait Fund for Arab Economic Development to increase SME financing, the bank\u2019s head of SME banking, Nader Saad, told Mubasher. Sources told the newspaper at the end of June that the bank was in talks with the\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":574192,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/01\/bdc-sme-lending-up-23-in-1h2020\/","url_meta":{"origin":594618,"position":3},"title":"BdC SME lending up 23% in 1H2020","author":"enterpriseam admin","date":"1 September 2020","format":false,"excerpt":"Banque du Caire increased its lending to SMEs by 23% to EGP 11 bn during 1H2020, Chairman Tarek Fayed said in a statement on Monday, Hapi Journal reports. 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The state-owned bank\u2019s revenues rose 24% during the period to EGP 8.9 bn, from EGP\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-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":594619,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/al-yosr-group-to-borrow-egp-1-1-bn-from-three-banks\/","url_meta":{"origin":594618,"position":5},"title":"Al Yosr Group to borrow EGP 1.1 bn from three banks","author":"enterpriseam admin","date":"2 September 2019","format":false,"excerpt":"Al Yosr Group has signed loan agreements with Banque du Caire (BdC), Suez Canal Bank (SCB) and the Industrial Development Bank (IDB) for a combined EGP 1.1 bn, sources told Al Shorouk. 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