{"id":629786,"date":"2018-04-01T03:45:36","date_gmt":"2018-04-01T03:45:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/gb-lease-targets-egp-3-bn-in-new-contracts-in-2018\/"},"modified":"2018-04-01T03:45:36","modified_gmt":"2018-04-01T03:45:36","slug":"gb-lease-targets-egp-3-bn-in-new-contracts-in-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/gb-lease-targets-egp-3-bn-in-new-contracts-in-2018\/","title":{"rendered":"GB Lease targets EGP 3 bn in new contracts in 2018"},"content":{"rendered":"<p>GB Auto\u2019s financing venture GB Lease is targeting EGP 3 bn in new contracts this year, Chairman Sherif Sabry <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1276827\">tells Al Masry Al Youm<\/a>. This includes client contracts worth EGP 1 bn that GB Lease plans to close within 1H2018. The firm is also in talks with banks and other leasing companies over potential partnerships in various sectors, according to Sabry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GB Auto\u2019s financing venture GB Lease is targeting EGP 3 bn in new contracts this year, Chairman Sherif Sabry tells Al Masry Al Youm. This includes client contracts worth EGP 1 bn that GB Lease plans to close within 1H2018. The firm is also in talks with banks and other leasing companies over potential partnerships [&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":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-629786","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"ce0a2dc7-0df3-444b-8e90-477e573e1aaf","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"GB Lease targets EGP 3 bn in new contracts in 2018","related_issue":[629747],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.ddfb1e5e-cf01-4da0-8aef-1b508121d9a2.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>GB Lease targets EGP 3 bn in new contracts in 2018 - 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\/04\/01\/gb-lease-targets-egp-3-bn-in-new-contracts-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GB Lease targets EGP 3 bn in new contracts in 2018\" \/>\n<meta property=\"og:description\" content=\"GB Auto\u2019s financing venture GB Lease is targeting EGP 3 bn in new contracts this year, Chairman Sherif Sabry tells Al Masry Al Youm. This includes client contracts worth EGP 1 bn that GB Lease plans to close within 1H2018. The firm is also in talks with banks and other leasing companies over potential partnerships [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/gb-lease-targets-egp-3-bn-in-new-contracts-in-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-01T03:45:36+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\/04\/01\/gb-lease-targets-egp-3-bn-in-new-contracts-in-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/gb-lease-targets-egp-3-bn-in-new-contracts-in-2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"GB Lease targets EGP 3 bn in new contracts in 2018\",\"datePublished\":\"2018-04-01T03:45:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/gb-lease-targets-egp-3-bn-in-new-contracts-in-2018\/\"},\"wordCount\":69,\"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\/04\/01\/gb-lease-targets-egp-3-bn-in-new-contracts-in-2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/gb-lease-targets-egp-3-bn-in-new-contracts-in-2018\/\",\"name\":\"GB Lease targets EGP 3 bn in new contracts in 2018 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-04-01T03:45:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/gb-lease-targets-egp-3-bn-in-new-contracts-in-2018\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/gb-lease-targets-egp-3-bn-in-new-contracts-in-2018\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/gb-lease-targets-egp-3-bn-in-new-contracts-in-2018\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GB Lease targets EGP 3 bn in new contracts in 2018\"}]},{\"@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":"GB Lease targets EGP 3 bn in new contracts in 2018 - 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\/04\/01\/gb-lease-targets-egp-3-bn-in-new-contracts-in-2018\/","og_locale":"en_US","og_type":"article","og_title":"GB Lease targets EGP 3 bn in new contracts in 2018","og_description":"GB Auto\u2019s financing venture GB Lease is targeting EGP 3 bn in new contracts this year, Chairman Sherif Sabry tells Al Masry Al Youm. 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The offering included three tranches: a EGP 203 mn 13-month bond with a variable yield of 40 bps, a EGP 353 mn 3-year bond with a 90\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":630870,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/at-lease-targets-egp-1-2-bn-contracts-this-year\/","url_meta":{"origin":629786,"position":1},"title":"AT Lease targets EGP 1.2 bn contracts this year","author":"enterpriseam admin","date":"4 March 2018","format":false,"excerpt":"Al Tawfeek Leasing (AT Lease) is targeting new financial leasing agreements worth EGP 1.2 bn in 2018, CEO Tarek Fahmy tells Al Masry Al Youm.","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":601225,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/at-lease-seeking-egp-1-bn-of-financing-from-banks-this-year\/","url_meta":{"origin":629786,"position":2},"title":"AT Lease seeking EGP 1 bn of financing from banks this year","author":"enterpriseam admin","date":"21 February 2019","format":false,"excerpt":"Al Tawfeek Leasing (AT Lease) is seeking EGP 1 bn in financing from banks this year to raise its available financing to EGP 4 bn, the company said in a bourse filing (pdf). The company allocated last year EGP 1.8 bn to financing leasing contracts.","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":578674,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/10\/gb-lease-issues-egp-1-7-bn-in-securitized-bonds\/","url_meta":{"origin":629786,"position":3},"title":"GB Lease issues EGP 1.7 bn in securitized bonds","author":"enterpriseam admin","date":"10 January 2023","format":false,"excerpt":"GB Auto subsidiary GB Lease has closed an EGP 1.7 bn securitized bond issuance, according to a joint statement (pdf) by Al Ahly Pharos and CIB. The two institutions were joint financial advisors on the transaction alongside the National Bank of Egypt (NBE).The details: The three-tranche issuance is backed by\u2026","rel":"","context":"In &quot;Debt&quot;","block_context":{"text":"Debt","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/debt\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/142.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559333,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/18\/rawaj-to-issue-egp-308-mn-in-securitized-bonds\/","url_meta":{"origin":629786,"position":4},"title":"Rawaj to issue EGP 308 mn in securitized bonds","author":"enterpriseam admin","date":"18 January 2021","format":false,"excerpt":"Consumer finance company Rawaj is reportedly planning a EGP 308 mn issuance of securitized bonds in a sale arranged and managed by CIB, Al Mal reports, citing unnamed sources with knowledge of the matter. 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