{"id":597965,"date":"2019-05-09T03:37:38","date_gmt":"2019-05-09T03:37:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/09\/egypts-fra-mulls-licensing-companies-and-intermediaries-to-act-as-sme-lenders\/"},"modified":"2019-05-09T03:37:38","modified_gmt":"2019-05-09T03:37:38","slug":"egypts-fra-mulls-licensing-companies-and-intermediaries-to-act-as-sme-lenders","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/09\/egypts-fra-mulls-licensing-companies-and-intermediaries-to-act-as-sme-lenders\/","title":{"rendered":"Egypt\u2019s FRA mulls licensing companies and intermediaries to act as SME lenders"},"content":{"rendered":"

The Financial Regulatory Authority (FRA) is studying issuing licenses to allow companies and financial intermediaries to extend loans to SMEs, FRA boss Mohamed Omran told MENA, according to AMAY<\/a>. The move comes as part of the authority\u2019s 2018-2022 strategy to promote financial inclusion through offering more diversified non-banking financial services. We noted earlier this year<\/a> that the Central Bank of Egypt is also studying a similar move to issue licenses for new institutions specialized in SME financing.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Financial Regulatory Authority (FRA) is studying issuing licenses to allow companies and financial intermediaries to extend loans to SMEs, FRA boss Mohamed Omran told MENA, according to AMAY. The move comes as part of the authority\u2019s 2018-2022 strategy to promote financial inclusion through offering more diversified non-banking financial services. We noted earlier this year […]<\/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":[2372,72,7087,290,595,287],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597965","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","tag-finance","tag-financial-inclusion","tag-non-banking-financial-services","tag-smes","wpautop","entry"],"acf":{"mongo_id":"44d055c7-b261-4c84-89fa-6244b66b7cd3","is_powered_by":true,"section_story_id":"217085c2-77fd-4ed8-aaed-e0e139d878cc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597937],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s FRA mulls licensing companies and intermediaries to act as SME lenders - 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\/05\/09\/egypts-fra-mulls-licensing-companies-and-intermediaries-to-act-as-sme-lenders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s FRA mulls licensing companies and intermediaries to act as SME lenders\" \/>\n<meta property=\"og:description\" content=\"The Financial Regulatory Authority (FRA) is studying issuing licenses to allow companies and financial intermediaries to extend loans to SMEs, FRA boss Mohamed Omran told MENA, according to AMAY. The move comes as part of the authority\u2019s 2018-2022 strategy to promote financial inclusion through offering more diversified non-banking financial services. We noted earlier this year […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/09\/egypts-fra-mulls-licensing-companies-and-intermediaries-to-act-as-sme-lenders\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-09T03:37:38+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\/05\/09\/egypts-fra-mulls-licensing-companies-and-intermediaries-to-act-as-sme-lenders\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/09\/egypts-fra-mulls-licensing-companies-and-intermediaries-to-act-as-sme-lenders\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s FRA mulls licensing companies and intermediaries to act as SME lenders\",\"datePublished\":\"2019-05-09T03:37:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/09\/egypts-fra-mulls-licensing-companies-and-intermediaries-to-act-as-sme-lenders\/\"},\"wordCount\":91,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\",\"Finance\",\"financial inclusion\",\"non-banking financial services\",\"SMEs\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/09\/egypts-fra-mulls-licensing-companies-and-intermediaries-to-act-as-sme-lenders\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/09\/egypts-fra-mulls-licensing-companies-and-intermediaries-to-act-as-sme-lenders\/\",\"name\":\"Egypt\u2019s FRA mulls licensing companies and intermediaries to act as SME lenders - 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FRA Chairman Mohamed Omran\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":700737,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/10\/valu-gets-fra-nod-to-enter-sme-lending\/","url_meta":{"origin":597965,"position":1},"title":"Valu gets FRA nod to enter SME lending","author":"enterpriseam admin","date":"10 May 2026","format":false,"excerpt":"Plus: FRA greenlights three non-banking financial activity licenses, including the country\u2019s first third-party healthcare administrator","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1646.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598384,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/egypts-fra-to-bring-sme-financing-under-2014-microfinance-law\/","url_meta":{"origin":597965,"position":2},"title":"Egypt\u2019s FRA to bring SME financing under 2014 microfinance law","author":"enterpriseam admin","date":"23 May 2019","format":false,"excerpt":"LEGISLATION WATCH- FRA to bring SME financing under 2014 microfinance law: Dedicated SME lenders including finance companies and NGOs could be governed under the 2014 microfinance law (pdf) after the Financial Regulatory Authority\u2019s (FRA) board of directors approved amendments to the legislation, the regulator said in a statement (pdf). 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The company plans to offer a range of services targeted mainly at SMEs, including fair share value studies, restructuring,\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":566760,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/tasaheel-receives-first-sme-microfinancing-license\/","url_meta":{"origin":597965,"position":4},"title":"Tasaheel receives first SME microfinancing license","author":"enterpriseam admin","date":"12 July 2021","format":false,"excerpt":"Tasaheel received the first SMEs microfinancing license approved by the Financial Regulatory Authority (FRA), according to an FRA statement (pdf). 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