{"id":628703,"date":"2018-05-10T04:21:23","date_gmt":"2018-05-10T04:21:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/fra-grants-raya-holdings-aman-micro-financing-license\/"},"modified":"2018-05-10T04:21:23","modified_gmt":"2018-05-10T04:21:23","slug":"fra-grants-raya-holdings-aman-micro-financing-license","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/fra-grants-raya-holdings-aman-micro-financing-license\/","title":{"rendered":"FRA grants Raya Holding\u2019s Aman micro financing license"},"content":{"rendered":"

The Financial Regulatory Authority (FRA) has granted Raya Holding\u2019s SME financing subsidiary Aman the license to launch micro financing activities, the company said in a statement (pdf)<\/a>. Raya had announced in January<\/a> that Aman would launch operations in 2H2018 as soon as it receives FRA\u2019s license. The financial services arm, which aims to offer financing and e-payment solutions for SMEs, is set launch with 55 branches nationwide<\/a> in the first two years, with plans to expand to 150 branches in the coming five years.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Financial Regulatory Authority (FRA) has granted Raya Holding\u2019s SME financing subsidiary Aman the license to launch micro financing activities, the company said in a statement (pdf). Raya had announced in January that Aman would launch operations in 2H2018 as soon as it receives FRA\u2019s license. The financial services arm, which aims to offer financing […]<\/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-628703","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"78f6b27d-82ef-427c-b4b7-506d0f05d193","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"FRA grants Raya Holding\u2019s Aman micro financing license","related_issue":[628667],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.2b8c956f-3360-4465-bd38-3d1ce25e381a.mp3"},"yoast_head":"\nFRA grants Raya Holding\u2019s Aman micro financing 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\/05\/10\/fra-grants-raya-holdings-aman-micro-financing-license\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA grants Raya Holding\u2019s Aman micro financing license\" \/>\n<meta property=\"og:description\" content=\"The Financial Regulatory Authority (FRA) has granted Raya Holding\u2019s SME financing subsidiary Aman the license to launch micro financing activities, the company said in a statement (pdf). Raya had announced in January that Aman would launch operations in 2H2018 as soon as it receives FRA\u2019s license. 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The FRA also granted Raya Holding subsidiary Aman the second license. Other consumer finance outfits applyingto receive\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":573489,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/06\/tasaheel-and-aman-have-requested-nano-financing-licenses-from-the-fra\/","url_meta":{"origin":628703,"position":1},"title":"Tasaheel and Aman have requested nano financing licenses from the FRA","author":"enterpriseam admin","date":"6 August 2020","format":false,"excerpt":"GB Capital subsidiary Tasaheel, Raya Holding subsidiary Aman, and five other unnamed companies filed for nano-finance licenses from the Financial Regulatory Authority, Al Mal reports. Pharos-backed Kashat, which launched earlier this year, became Egypt\u2019s first ever nano-financing provider, offering loans between EGP 100 and EGP 1,500 to the country\u2019s large\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":576377,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/22\/raya-holdings-aman-receives-security-certification-to-expand-bank-card-compatibility\/","url_meta":{"origin":628703,"position":2},"title":"Raya Holding\u2019s Aman receives security certification to expand bank card compatibility","author":"enterpriseam admin","date":"22 November 2020","format":false,"excerpt":"Raya Holding\u2019s non-banking financial services provider Aman has received the international payment card industry data security standards certification (PCI-DSS), allowing Aman\u2019s 90k points of sale nationwide to process payments from bank cards of all kinds and enhancing protection of customer data, according to anEGX disclosure(pdf).","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":634883,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/rayas-aman-to-launch-operations-in-2h2018\/","url_meta":{"origin":628703,"position":3},"title":"Raya\u2019s Aman to launch operations in 2H2018","author":"enterpriseam admin","date":"28 January 2018","format":false,"excerpt":"Raya Holding\u2019s SME financing subsidiary Aman will launch operations in 2H2018 as soon as it receives licenses from the Financial Regulatory Authority, company CEO Hazem Moghazi tells Al Borsa.","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":576028,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/08\/sarwa-capitals-egp-2-5-bn-contact-sukuk-issuance-to-launch-in-2-weeks\/","url_meta":{"origin":628703,"position":4},"title":"Sarwa Capital\u2019s EGP 2.5 bn Contact sukuk issuance to launch in 2 weeks","author":"enterpriseam admin","date":"8 November 2020","format":false,"excerpt":"DEBT WATCH- Sarwa Capital will take a EGP 2.5 bn sukuk issuance to market over the coming two weeks on behalf of its subsidiary Contact, the local press reports. The single-tranche issuance is awaiting final approval by the Financial Regulatory Authority and is part of Sarwa Capital\u2019s strategy to diversify\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":549742,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/28\/trella-locks-in-smart-financing-from-contact-aman-now-offers-islamic-and-nano-financing\/","url_meta":{"origin":628703,"position":5},"title":"Trella locks in smart financing from Contact + Aman now offers Islamic and nano financing","author":"enterpriseam admin","date":"28 September 2022","format":false,"excerpt":"B2B logistics marketplace Trella has inked an agreement with Contact Financial designed to give it and the carriers it works with the access to finance they need to grow, the companies announced (pdf) yesterday.Driving business growth: Under the agreement, two Contact units will provide Trella\u2019s carriers (both individuals and small\u2026","rel":"","context":"In "FINANCIAL SERVICES"","block_context":{"text":"FINANCIAL SERVICES","link":"https:\/\/enterpriseam.com\/egypt\/category\/financial-services\/"},"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\/628703","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=628703"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628703\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/628667"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=628703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=628703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=628703"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=628703"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=628703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}