{"id":600382,"date":"2019-01-28T04:23:27","date_gmt":"2019-01-28T04:23:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/ebtikars-vitas-gets-microfinancing-license\/"},"modified":"2019-01-28T04:23:27","modified_gmt":"2019-01-28T04:23:27","slug":"ebtikars-vitas-gets-microfinancing-license","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/ebtikars-vitas-gets-microfinancing-license\/","title":{"rendered":"Ebtikar\u2019s Vitas gets microfinancing license"},"content":{"rendered":"<p>Ebtikar for Financial Investment\u2019s Vitas received a micro-financing license and will focus on projects that need up to EGP 100,000 of funding,<a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D8%A8%D9%89%20%D8%AA%D9%86%D9%81%D8%B3%D8%AA%D9%85%D9%86%D8%AA%20%D8%A7%D9%84%D9%82%D8%A7%D8%A8%D8%B6%D8%A9%2027-01-2019.pdf\">parent company B Investments said in a bourse disclosure (pdf)<\/a>. B Investments established Ebtikar in June 2017 as a vehicle to invest in the non-banking financial services sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ebtikar for Financial Investment\u2019s Vitas received a micro-financing license and will focus on projects that need up to EGP 100,000 of funding,parent company B Investments said in a bourse disclosure (pdf). B Investments established Ebtikar in June 2017 as a vehicle to invest in the non-banking financial services sector.<\/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":[140,2372,138,72,311],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600382","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-b-investments","tag-banking-finance","tag-ebtikar","tag-enterpriseam","tag-microfinance","wpautop","entry"],"acf":{"mongo_id":"7faf9b94-4e94-4fb0-ab2b-1502d638f78c","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[600347],"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>Ebtikar\u2019s Vitas gets microfinancing license - 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\/01\/28\/ebtikars-vitas-gets-microfinancing-license\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ebtikar\u2019s Vitas gets microfinancing license\" \/>\n<meta property=\"og:description\" content=\"Ebtikar for Financial Investment\u2019s Vitas received a micro-financing license and will focus on projects that need up to EGP 100,000 of funding,parent company B Investments said in a bourse disclosure (pdf). B Investments established Ebtikar in June 2017 as a vehicle to invest in the non-banking financial services sector.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/ebtikars-vitas-gets-microfinancing-license\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-28T04:23:27+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\/01\/28\/ebtikars-vitas-gets-microfinancing-license\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/ebtikars-vitas-gets-microfinancing-license\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ebtikar\u2019s Vitas gets microfinancing license\",\"datePublished\":\"2019-01-28T04:23:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/ebtikars-vitas-gets-microfinancing-license\/\"},\"wordCount\":55,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"B Investments\",\"BANKING + FINANCE\",\"Ebtikar\",\"EnterpriseAM\",\"microfinance\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/ebtikars-vitas-gets-microfinancing-license\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/ebtikars-vitas-gets-microfinancing-license\/\",\"name\":\"Ebtikar\u2019s Vitas gets microfinancing license - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-01-28T04:23:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/ebtikars-vitas-gets-microfinancing-license\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/ebtikars-vitas-gets-microfinancing-license\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/ebtikars-vitas-gets-microfinancing-license\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ebtikar\u2019s Vitas gets microfinancing license\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ebtikar\u2019s Vitas gets microfinancing license - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/ebtikars-vitas-gets-microfinancing-license\/","og_locale":"en_US","og_type":"article","og_title":"Ebtikar\u2019s Vitas gets microfinancing license","og_description":"Ebtikar for Financial Investment\u2019s Vitas received a micro-financing license and will focus on projects that need up to EGP 100,000 of funding,parent company B Investments said in a bourse disclosure (pdf). 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The company is expecting to obtain its final permit within two weeks. We earlier\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":591591,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/vitas-microfinance-to-extend-egp-300-mn-loans-to-smes-in-2020\/","url_meta":{"origin":600382,"position":1},"title":"Vitas Microfinance to extend EGP 300 mn loans to SMEs in 2020","author":"enterpriseam admin","date":"10 December 2019","format":false,"excerpt":"Vitas Misr for Microfinance, a subsidiary of B Investments\u2019 Ebtikar, is planning to extend EGP 300 mn in loans to SME clients next year, CEO Hossam Heiba tells Mubasher. The company is also in talks with four local banks for a EGP 200 mn loan, Heiba said.","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":570701,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/ebtikar-becomes-sole-shareholder-of-vitas-egypt-after-acquiring-remaining-50-stake\/","url_meta":{"origin":600382,"position":2},"title":"Ebtikar becomes sole shareholder of Vitas Egypt after acquiring remaining 50% stake","author":"enterpriseam admin","date":"12 April 2020","format":false,"excerpt":"M&A WATCH- Ebtikar becomes sole shareholder of Vitas Egypt after acquiring remaining 50% stake: Ebtikar Financial Investments has purchased the remaining 50% stake of microfinance company Vitas Egypt, according to an EGX disclosure (pdf). Ebtikar, which is jointly owned by B Investments (50.1%) and MM Group (49.9%), bought Vitas Group\u2019s\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/102.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559800,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/04\/ebtikar-eyes-2h2021-ipo\/","url_meta":{"origin":600382,"position":3},"title":"Ebtikar eyes 2H2021 IPO","author":"enterpriseam admin","date":"4 February 2021","format":false,"excerpt":"Ebtikar is planning an EGX debut in the second half of 2021, Omar El Labban, the IR director of majority shareholder B Investments, told Enterprise. The listing will only take place after the company has spun off most activities it has now that aren\u2019t related to e-payments, he said.This is\u2026","rel":"","context":"In &quot;IPO&quot;","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/83.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":629256,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/ebtikar-led-consortium-acquires-odes-stake-in-tamweel-for-egp-360-mn\/","url_meta":{"origin":600382,"position":4},"title":"Ebtikar-led consortium acquires ODE\u2019s stake in Tamweel for EGP 360 mn","author":"enterpriseam admin","date":"27 May 2018","format":false,"excerpt":"M&A WATCH- Ebtikar-led consortium acquires ODE\u2019s stake in Tamweel: A consortium made up of B Investments\u2019 Ebtikar, TCV, and Acquire for Investment acquired Orascom Development Egypt\u2019s (ODE) full 87% stake in Tamweel Group on Thursday. The transaction valued Tamweel at EGP 360 mn, ODE said in a regulatory filing (pdf).\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":628133,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/ebtikar-acquires-33-7-stake-in-masary\/","url_meta":{"origin":600382,"position":5},"title":"Ebtikar acquires 33.7% stake in Masary","author":"enterpriseam admin","date":"26 June 2018","format":false,"excerpt":"M&A WATCH- Ebtikar acquires 33.7% stake in payments outfit Masary: Ebtikar for Financial Investment, a joint venture between B Investments and MM Group, acquired a 33.7% stake in e-payments firm Masary in a transaction worth EGP 130 mn, Ebtikar said in a statement on Monday (pdf). The transaction on Masary,\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/600382","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=600382"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/600382\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/600347"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=600382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=600382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=600382"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=600382"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=600382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}