{"id":598891,"date":"2019-06-11T04:00:21","date_gmt":"2019-06-11T04:00:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/11\/raya-holding-subsidiary-to-increase-credit-portfolio-to-c-egp-500-mn\/"},"modified":"2019-06-11T04:00:21","modified_gmt":"2019-06-11T04:00:21","slug":"raya-holding-subsidiary-to-increase-credit-portfolio-to-c-egp-500-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/11\/raya-holding-subsidiary-to-increase-credit-portfolio-to-c-egp-500-mn\/","title":{"rendered":"Raya Holding subsidiary to increase credit portfolio to c.EGP 500 mn"},"content":{"rendered":"

Raya Holding\u2019s microfinance arm Aman intends to increase its credit portfolio to about EGP 500 mn by the end of 2019, the company said in an EGX disclosure (pdf)<\/a>. The company aims to use the credit increase to finance SMEs, it added, without providing further details.<\/p>\n","protected":false},"excerpt":{"rendered":"

Raya Holding\u2019s microfinance arm Aman intends to increase its credit portfolio to about EGP 500 mn by the end of 2019, the company said in an EGX disclosure (pdf). The company aims to use the credit increase to finance SMEs, it added, without providing further details.<\/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":[204,2372,72,7087,614],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598891","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-enterpriseam","tag-finance","tag-raya-holding","wpautop","entry"],"acf":{"mongo_id":"c9229764-cbf9-4dff-b5e8-6dffbb56ebbc","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[598860],"teaser":"","voice_url":""},"yoast_head":"\nRaya Holding subsidiary to increase credit portfolio to c.EGP 500 mn - 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\/06\/11\/raya-holding-subsidiary-to-increase-credit-portfolio-to-c-egp-500-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya Holding subsidiary to increase credit portfolio to c.EGP 500 mn\" \/>\n<meta property=\"og:description\" content=\"Raya Holding\u2019s microfinance arm Aman intends to increase its credit portfolio to about EGP 500 mn by the end of 2019, the company said in an EGX disclosure (pdf). The company aims to use the credit increase to finance SMEs, it added, without providing further details.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/11\/raya-holding-subsidiary-to-increase-credit-portfolio-to-c-egp-500-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-11T04:00:21+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\/06\/11\/raya-holding-subsidiary-to-increase-credit-portfolio-to-c-egp-500-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/11\/raya-holding-subsidiary-to-increase-credit-portfolio-to-c-egp-500-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Raya Holding subsidiary to increase credit portfolio to c.EGP 500 mn\",\"datePublished\":\"2019-06-11T04:00:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/11\/raya-holding-subsidiary-to-increase-credit-portfolio-to-c-egp-500-mn\/\"},\"wordCount\":56,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"EnterpriseAM\",\"Finance\",\"Raya Holding\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/11\/raya-holding-subsidiary-to-increase-credit-portfolio-to-c-egp-500-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/11\/raya-holding-subsidiary-to-increase-credit-portfolio-to-c-egp-500-mn\/\",\"name\":\"Raya Holding subsidiary to increase credit portfolio to c.EGP 500 mn - 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The increase is part of its expansion strategy, as the company is planning to raise its loans portfolio to EGP 500 mn and\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":605184,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/raya-founder-mulling-two-proposals-from-egyptian-intl-banks-to-finance-mto\/","url_meta":{"origin":598891,"position":2},"title":"Raya founder mulling two proposals from Egyptian, int\u2019l banks to finance MTO","author":"enterpriseam admin","date":"24 December 2018","format":false,"excerpt":"M&A Watch- Raya founder mulling two proposals to finance MTO: Raya Holding founder Medhat Khalil is considering two separate proposals from a local and international bank for an EGP 700-800 mn financing package to fund his take-Raya-private bid, Raya CFO Hossam Hussein said, according to Al Mal. 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Raya Holding\u2019s frozen fruits and vegetables production unit will use the funds to build a new storage house\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":621714,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/aman-to-issue-egp-250-300-mn-securities-to-establish-securitization-firm-considers-financial-leasing\/","url_meta":{"origin":598891,"position":4},"title":"Aman to issue EGP 250-300 mn securities, to establish securitization firm, considers financial leasing","author":"enterpriseam admin","date":"15 November 2018","format":false,"excerpt":"Raya Holding subsidiary Aman is planning to issue EGP 250-300 mn-worth of asset-backed securities, pending Financial Regulatory Authority (FRA) approval of the company\u2019s bid to establish a securitization arm, Raya CEO and founder Medhat Khalil tells Al Mal. 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