{"id":623090,"date":"2018-10-21T04:11:13","date_gmt":"2018-10-21T04:11:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/fawry-receives-sme-lending-license\/"},"modified":"2018-10-21T04:11:13","modified_gmt":"2018-10-21T04:11:13","slug":"fawry-receives-sme-lending-license","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/fawry-receives-sme-lending-license\/","title":{"rendered":"Fawry receives SME lending license"},"content":{"rendered":"

E-payments firm Fawry received its license to lend to small- and medium-enterprises earlier this week, the firm\u2019s MD Mohamed Okasha tells Al Mal<\/a>. Fawry\u2019s SME lending arm, which will begin operations early next year, will focus initially on lending to smaller retailers, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"

E-payments firm Fawry received its license to lend to small- and medium-enterprises earlier this week, the firm\u2019s MD Mohamed Okasha tells Al Mal. Fawry\u2019s SME lending arm, which will begin operations early next year, will focus initially on lending to smaller retailers, he added.<\/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],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623090","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"9196c89b-74db-46a1-831b-4ba485df6be9","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Fawry receives SME lending license","related_issue":[623052],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.73bfb318-c2bd-4db5-88f9-20ba0bc0c33e.mp3"},"yoast_head":"\nFawry receives SME lending 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\/2018\/10\/21\/fawry-receives-sme-lending-license\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fawry receives SME lending license\" \/>\n<meta property=\"og:description\" content=\"E-payments firm Fawry received its license to lend to small- and medium-enterprises earlier this week, the firm\u2019s MD Mohamed Okasha tells Al Mal. Fawry\u2019s SME lending arm, which will begin operations early next year, will focus initially on lending to smaller retailers, he added.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/fawry-receives-sme-lending-license\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-21T04:11:13+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\/10\/21\/fawry-receives-sme-lending-license\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/fawry-receives-sme-lending-license\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Fawry receives SME lending license\",\"datePublished\":\"2018-10-21T04:11:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/fawry-receives-sme-lending-license\/\"},\"wordCount\":51,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/fawry-receives-sme-lending-license\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/fawry-receives-sme-lending-license\/\",\"name\":\"Fawry receives SME lending license - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-10-21T04:11:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/fawry-receives-sme-lending-license\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/fawry-receives-sme-lending-license\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/fawry-receives-sme-lending-license\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fawry receives SME lending 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":"Fawry receives SME lending 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\/2018\/10\/21\/fawry-receives-sme-lending-license\/","og_locale":"en_US","og_type":"article","og_title":"Fawry receives SME lending license","og_description":"E-payments firm Fawry received its license to lend to small- and medium-enterprises earlier this week, the firm\u2019s MD Mohamed Okasha tells Al Mal. 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The state-owned bank has been working with the European Investment Bank to channel finance to SMEs after the multilateral lender signed off\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":563494,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/05\/saudi-grant-for-sme-on-lending-new-ai-platform-established-to-promote-egyptian-ai-scene\/","url_meta":{"origin":623090,"position":2},"title":"Saudi grant for SME on-lending + new AI platform established to promote Egyptian AI scene","author":"enterpriseam admin","date":"5 July 2021","format":false,"excerpt":"Two other things we\u2019re keeping an eye on this morning: The Saudi government has provided three banks withan EGP 270 mn grant for on-lending to Egyptian micro, small and medium sized enterprises. 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The individual was arrested along with an unspecified number of accomplices for allegedly accepting a total of\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":666063,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/28\/fawry-unit-closes-its-inaugural-egp-497-5-mn-securitized-bond-issuance\/","url_meta":{"origin":623090,"position":4},"title":"Fawry unit closes its inaugural EGP 497.5 mn securitized bond issuance","author":"enterpriseam admin","date":"28 May 2025","format":false,"excerpt":"The issuance was rated A- by MERIS and is part of a wider securitization program","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2637.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":589081,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/21\/gb-corp-launches-sme-lender\/","url_meta":{"origin":623090,"position":5},"title":"GB Corp launches SME lender","author":"enterpriseam admin","date":"21 June 2023","format":false,"excerpt":"GB Corp is bidding to capture a slice of Egypt\u2019s growing SME lending market with the launch of a new subsidiary, Kredit, it announced in a statement (pdf)yesterday. 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