{"id":604689,"date":"2018-12-10T04:19:56","date_gmt":"2018-12-10T04:19:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/banque-misr-expects-afreximbank-to-agree-usd-550-mn-loan-soon\/"},"modified":"2018-12-10T04:19:56","modified_gmt":"2018-12-10T04:19:56","slug":"banque-misr-expects-afreximbank-to-agree-usd-550-mn-loan-soon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/banque-misr-expects-afreximbank-to-agree-usd-550-mn-loan-soon\/","title":{"rendered":"Banque Misr expects AfreximBank to agree USD 550 mn loan soon"},"content":{"rendered":"<p>Banque Misr will sign an agreement to borrow USD 550 mn from the African Export-Import Bank (AfreximBank) \u201cwithin weeks,\u201d Banque Misr Chairman Mohamed El Etreby <a href=\"https:\/\/almalnews.com\/Story\/402096\/12\/%D8%A7%D9%84%D8%A3%D9%81%D8%B1%D9%8A%D9%82%D9%89-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D9%8A%D8%B1%D8%A7%D8%AF-%D9%88%D8%A7%D9%84%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1-%D9%8A%D9%82%D8%B1%D8%B6-%D8%A8%D9%86%D9%83-%D9%85%D8%B5%D8%B1-550-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84\">tells Al Mal<\/a>. Vice Chairman Akef El Maghraby <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/12\/banking-sector-continues-to-seek-large-foreign-loans-to-prop-up-the-egp\/\">had said last month<\/a> that the bank was seeking a loan of the same amount \u201cto improve USD liquidity\u201d amid speculation that Banque Misr is one of three state-owned banks propping up the EGP throughout the emerging markets sell-off.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banque Misr will sign an agreement to borrow USD 550 mn from the African Export-Import Bank (AfreximBank) \u201cwithin weeks,\u201d Banque Misr Chairman Mohamed El Etreby tells Al Mal. Vice Chairman Akef El Maghraby had said last month that the bank was seeking a loan of the same amount \u201cto improve USD liquidity\u201d amid speculation that [&hellip;]<\/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":[421,204,2372,576,72,7087],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604689","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-afreximbank","tag-banking","tag-banking-finance","tag-banque-misr","tag-enterpriseam","tag-finance","wpautop","entry"],"acf":{"mongo_id":"9e16c74d-97a1-4d98-bccc-769708d1a3b0","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Banque Misr expects AfreximBank to agree USD 550 mn loan soon","related_issue":[604658],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.980f61e9-81e0-42d6-9d41-ccfb857ab348.mp3"},"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 Misr expects AfreximBank to agree USD 550 mn loan soon - 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\/2018\/12\/10\/banque-misr-expects-afreximbank-to-agree-usd-550-mn-loan-soon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque Misr expects AfreximBank to agree USD 550 mn loan soon\" \/>\n<meta property=\"og:description\" content=\"Banque Misr will sign an agreement to borrow USD 550 mn from the African Export-Import Bank (AfreximBank) \u201cwithin weeks,\u201d Banque Misr Chairman Mohamed El Etreby tells Al Mal. Vice Chairman Akef El Maghraby had said last month that the bank was seeking a loan of the same amount \u201cto improve USD liquidity\u201d amid speculation that [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/banque-misr-expects-afreximbank-to-agree-usd-550-mn-loan-soon\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-10T04:19:56+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\/2018\/12\/10\/banque-misr-expects-afreximbank-to-agree-usd-550-mn-loan-soon\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/banque-misr-expects-afreximbank-to-agree-usd-550-mn-loan-soon\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque Misr expects AfreximBank to agree USD 550 mn loan soon\",\"datePublished\":\"2018-12-10T04:19:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/banque-misr-expects-afreximbank-to-agree-usd-550-mn-loan-soon\/\"},\"wordCount\":81,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"AfreximBank\",\"banking\",\"BANKING + FINANCE\",\"Banque Misr\",\"EnterpriseAM\",\"Finance\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/banque-misr-expects-afreximbank-to-agree-usd-550-mn-loan-soon\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/banque-misr-expects-afreximbank-to-agree-usd-550-mn-loan-soon\/\",\"name\":\"Banque Misr expects AfreximBank to agree USD 550 mn loan soon - 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The bank has invited other banks to join in on the loan, including the National Bank of Egypt, Banque du Caire,\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":574607,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/egylease-negotiated-egp-400-mn-loan-with-banque-misr\/","url_meta":{"origin":604689,"position":1},"title":"EgyLease negotiated EGP 400 mn loan with Banque Misr","author":"enterpriseam admin","date":"15 September 2020","format":false,"excerpt":"EgyLease is in talks with Banque Misr for a EGP 400 mn loan to finance the company\u2019s expansion plans, Chairman Iman Ismail told Al Mal.","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":557459,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/banque-misr-borrows-usd-1-bn-from-intl-syndicate\/","url_meta":{"origin":604689,"position":2},"title":"Banque Misr borrows USD 1 bn from int'l syndicate","author":"enterpriseam admin","date":"20 September 2021","format":false,"excerpt":"Banque Misr has obtained a syndicated loan worth about USD 1 bn,the bank announced in a statement (pdf). The three-year loan will be used to refinance existing debts and expand its loan portfolio, it said. Sources told CNBC Arabia last month that the bank will use the proceeds to pay\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/268.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587527,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/29\/banque-misr-could-soon-get-a-usd-260-mn-loan-from-ifc\/","url_meta":{"origin":604689,"position":3},"title":"Banque Misr could soon get a USD 260 mn loan from IFC","author":"enterpriseam admin","date":"29 May 2023","format":false,"excerpt":"The bank will use the loan for on-lending to local MSMEs and women-owned SMEs","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1533.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569417,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/banque-misr-looks-to-borrow-usd-250-mn-for-africa-expansion\/","url_meta":{"origin":604689,"position":4},"title":"Banque Misr looks to borrow USD 250 mn for Africa expansion","author":"enterpriseam admin","date":"24 February 2020","format":false,"excerpt":"Banque Misr eyes USD 250 mn loan for SME finance: Banque Misr is in talks with two unnamed international institutions for a USD 250 mn loan to increase its SME financing in Egypt, Chairman Mohamed El Etreby tells Bloomberg. 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The state-owned bank is exploring the possibility of selling the climate-focused securities, Vice Chairman Akef\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\/2021\/8\/160.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\/604689","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=604689"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604689\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/604658"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=604689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=604689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=604689"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=604689"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=604689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}