{"id":602030,"date":"2019-03-17T03:43:06","date_gmt":"2019-03-17T03:43:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/banque-du-caires-cairo-leasing-company-in-talks-for-egp-450-mn-loan\/"},"modified":"2019-03-17T03:43:06","modified_gmt":"2019-03-17T03:43:06","slug":"banque-du-caires-cairo-leasing-company-in-talks-for-egp-450-mn-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/banque-du-caires-cairo-leasing-company-in-talks-for-egp-450-mn-loan\/","title":{"rendered":"Banque du Caire\u2019s Cairo Leasing Company in talks for EGP 450 mn loan"},"content":{"rendered":"<p>Banque du Caire\u2019s financial leasing arm, Cairo Leasing Company, is in \u201cintensive talks\u201d with two unnamed banks to borrow EGP 450 mn, CEO Ahmed Sherif <a href=\"https:\/\/www.almalnews.com\/Story\/413944\/12\/%D9%83%D8%A7%D9%8A%D8%B1%D9%88-%D9%84%D9%84%D8%AA%D8%A3%D8%AC%D9%8A%D8%B1-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84%D9%8A-%D8%AA%D8%AA%D9%81%D8%A7%D9%88%D8%B6-%D9%84%D8%A7%D9%82%D8%AA%D8%B1%D8%A7%D8%B6-450-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87\">tells Al Mal<\/a>. According to Sherif, one of the banks is state-owned. Talks are currently in their final stages and the company expects to receive the line of credit \u201csoon.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banque du Caire\u2019s financial leasing arm, Cairo Leasing Company, is in \u201cintensive talks\u201d with two unnamed banks to borrow EGP 450 mn, CEO Ahmed Sherif tells Al Mal. According to Sherif, one of the banks is state-owned. Talks are currently in their final stages and the company expects to receive the line of credit \u201csoon.\u201d<\/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":[204,2372,726,8432,72,242],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602030","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-banque-du-caire","tag-cairo-leasing-company","tag-enterpriseam","tag-leasing","wpautop","entry"],"acf":{"mongo_id":"7bac2f07-a48c-471f-92b8-779ff5979028","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[601990],"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>Banque du Caire\u2019s Cairo Leasing Company in talks for EGP 450 mn loan - 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\/03\/17\/banque-du-caires-cairo-leasing-company-in-talks-for-egp-450-mn-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque du Caire\u2019s Cairo Leasing Company in talks for EGP 450 mn loan\" \/>\n<meta property=\"og:description\" content=\"Banque du Caire\u2019s financial leasing arm, Cairo Leasing Company, is in \u201cintensive talks\u201d with two unnamed banks to borrow EGP 450 mn, CEO Ahmed Sherif tells Al Mal. 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Talks are currently in their final stages and the company expects to receive the line of credit \u201csoon.\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/banque-du-caires-cairo-leasing-company-in-talks-for-egp-450-mn-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-17T03:43:06+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\/03\/17\/banque-du-caires-cairo-leasing-company-in-talks-for-egp-450-mn-loan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/banque-du-caires-cairo-leasing-company-in-talks-for-egp-450-mn-loan\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque du Caire\u2019s Cairo Leasing Company in talks for EGP 450 mn loan\",\"datePublished\":\"2019-03-17T03:43:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/banque-du-caires-cairo-leasing-company-in-talks-for-egp-450-mn-loan\/\"},\"wordCount\":68,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"Banque du Caire\",\"Cairo Leasing Company\",\"EnterpriseAM\",\"leasing\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/banque-du-caires-cairo-leasing-company-in-talks-for-egp-450-mn-loan\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/banque-du-caires-cairo-leasing-company-in-talks-for-egp-450-mn-loan\/\",\"name\":\"Banque du Caire\u2019s Cairo Leasing Company in talks for EGP 450 mn loan - 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The new company comes as part of BdC\u2019s strategy to create new non-banking financing channels.","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":576459,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/24\/whos-in-the-market-for-debt-remco-hd-leasing-el-nasr-auto-marsa-alam-for-tourism-development\/","url_meta":{"origin":602030,"position":1},"title":"Who\u2019s in the market for debt? Remco, HD Leasing, El Nasr Auto, Marsa Alam for Tourism Development","author":"enterpriseam admin","date":"24 November 2020","format":false,"excerpt":"Tourism developer Remco and two of its affiliate companies are in talks to obtain a two-tranche EGP 3.3 bn syndicated loan to refinance debt and lease payments and finance working capital, the company said in a regulatory filing (pdf). Banque Misr is joining several other unnamed banks and leasing companies\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":554027,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/","url_meta":{"origin":602030,"position":2},"title":"Arco inks EGP 720 mn financial leasing agreement","author":"enterpriseam admin","date":"16 December 2021","format":false,"excerpt":"Real estate development firm Arco is borrowing EGP 720 mn via a financial leasing agreement with a syndicate of Gulf and local lenders, lead arranger ADIFinance \u2014 Abu Dhabi Islamic Bank\u2019s leasing unit \u2014 said in a statement (pdf). The transaction also features participation from Arabia Investments Holdings\u2019 UE Finance\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634061,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/six-banks-to-lend-tanmeya-for-leasing-and-investment-egp-360-mn\/","url_meta":{"origin":602030,"position":3},"title":"Six banks to lend Tanmeya for Leasing and Investment EGP 360 mn","author":"enterpriseam admin","date":"3 January 2018","format":false,"excerpt":"A consortium of six banks is lending Tanmeya for Leasing and Investment (EgyLease) EGP 360 mn to build up its credit portfolio, EgyLease Chairman Iman Ismail tells Al Mal. 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