{"id":597170,"date":"2019-07-17T03:57:59","date_gmt":"2019-07-17T03:57:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/17\/ci-capitals-bod-approves-launching-consumer-finance-arm\/"},"modified":"2019-07-17T03:57:59","modified_gmt":"2019-07-17T03:57:59","slug":"ci-capitals-bod-approves-launching-consumer-finance-arm","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/17\/ci-capitals-bod-approves-launching-consumer-finance-arm\/","title":{"rendered":"CI Capital\u2019s BoD approves launching consumer finance arm"},"content":{"rendered":"

CI Capital\u2019s board of directors have approved setting up a consumer finance company offering installment plans for durable goods, according to an EGX disclosure (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

CI Capital\u2019s board of directors have approved setting up a consumer finance company offering installment plans for durable goods, according to an EGX disclosure (pdf).<\/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":[2372,136,72,595],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597170","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-ci-capital","tag-enterpriseam","tag-non-banking-financial-services","wpautop","entry"],"acf":{"mongo_id":"bd9b2c61-8420-4c89-abcd-152767a0b678","is_powered_by":true,"section_story_id":"39651d90-3f7b-4be3-a888-0185aac65226","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597133],"teaser":"","voice_url":""},"yoast_head":"\nCI Capital\u2019s BoD approves launching consumer finance arm - 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\/07\/17\/ci-capitals-bod-approves-launching-consumer-finance-arm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CI Capital\u2019s BoD approves launching consumer finance arm\" \/>\n<meta property=\"og:description\" content=\"CI Capital\u2019s board of directors have approved setting up a consumer finance company offering installment plans for durable goods, according to an EGX disclosure (pdf).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/17\/ci-capitals-bod-approves-launching-consumer-finance-arm\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-17T03:57:59+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\/07\/17\/ci-capitals-bod-approves-launching-consumer-finance-arm\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/17\/ci-capitals-bod-approves-launching-consumer-finance-arm\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CI Capital\u2019s BoD approves launching consumer finance arm\",\"datePublished\":\"2019-07-17T03:57:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/17\/ci-capitals-bod-approves-launching-consumer-finance-arm\/\"},\"wordCount\":35,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"CI Capital\",\"EnterpriseAM\",\"non-banking financial services\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/17\/ci-capitals-bod-approves-launching-consumer-finance-arm\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/17\/ci-capitals-bod-approves-launching-consumer-finance-arm\/\",\"name\":\"CI Capital\u2019s BoD approves launching consumer finance arm - 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The retailers include Jumia, Apple reseller Tradeline, and Saudi appliance store Raneen. Souhoola is\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":575097,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/whos-got-licenses-for-what\/","url_meta":{"origin":597170,"position":1},"title":"Who\u2019s got licenses for what?","author":"enterpriseam admin","date":"1 October 2020","format":false,"excerpt":"CI Capital\u2019s consumer finance arm Souhoola has been awarded a consumer finance license by the Financial Regulatory Authority, the company announced in a statement (pdf). Bank Audi\u2019s Egypt arm has obtained a license to set up online payment gateways for its client vendors and businesses after gaining central bank approval,\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":571337,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/two-year-lockup-on-106-mn-ci-capital-shares-expires\/","url_meta":{"origin":597170,"position":2},"title":"Two-year lockup on 106 mn CI Capital shares expires","author":"enterpriseam admin","date":"7 May 2020","format":false,"excerpt":"A two-year lockup period on a little over 106 mn shares of CI Capital issued in a capitalincrease (pdf) as part of the investment bank\u2019s 2018 IPO has now expired, the local press reports. That means anchor shareholder Global Holdings Group is now free to sell shares representing 8.5% of\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":594663,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/03\/ci-capital-raises-issued-capital-to-egp-800-mn\/","url_meta":{"origin":597170,"position":3},"title":"CI Capital raises issued capital to EGP 800 mn","author":"enterpriseam admin","date":"3 September 2019","format":false,"excerpt":"CI Capital\u2019s shareholders have approved increasing the company\u2019s issued capital to EGP 800 mn from EGP 544 mn, the company said in a bourse filing (pdf). The company will issue 0.47 bonus shares per each share held.","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":566735,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/11\/gb-auto-gets-fra-nod-to-expand-consumer-finance-activities\/","url_meta":{"origin":597170,"position":4},"title":"GB Auto gets FRA nod to expand consumer finance activities","author":"enterpriseam admin","date":"11 July 2021","format":false,"excerpt":"GB Auto has landed final regulatory approval to launch new consumer finance activities for factoring arm Drive, according to a company statement (pdf). The nod from the Financial Regulatory Authority (FRA) will allow Drive to widen its activities beyond car finance into other market segments. Drive had received an initial\u2026","rel":"","context":"In "SPEED ROUND: CONSUMER FINANCE"","block_context":{"text":"SPEED ROUND: CONSUMER FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-consumer-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":588092,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/06\/ci-capital-doubles-income-revenues-during-1q-2023\/","url_meta":{"origin":597170,"position":5},"title":"CI Capital doubles income, revenues during 1Q 2023","author":"enterpriseam admin","date":"6 June 2023","format":false,"excerpt":"Investment bank and NBFS arms all see strong revenue growth","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/192.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\/597170","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=597170"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597170\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/597133"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=597170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=597170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=597170"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=597170"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=597170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}