{"id":632372,"date":"2018-02-08T04:21:06","date_gmt":"2018-02-08T04:21:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/08\/cbe-greenlights-banque-du-caires-establishment-of-egp-500-mn-financial-leasing-arm\/"},"modified":"2018-02-08T04:21:06","modified_gmt":"2018-02-08T04:21:06","slug":"cbe-greenlights-banque-du-caires-establishment-of-egp-500-mn-financial-leasing-arm","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/08\/cbe-greenlights-banque-du-caires-establishment-of-egp-500-mn-financial-leasing-arm\/","title":{"rendered":"CBE greenlights Banque du Caire\u2019s establishment of EGP 500 mn financial leasing arm"},"content":{"rendered":"<p>The CBE has approved Banque du Caire\u2019s plan to set up a financial leasing arm for the bank with EGP 500 mn in capital, <a href=\"http:\/\/www.almalnews.com\/Story\/364120\/20\/%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%82%D8%A7%D9%87%D8%B1%D8%A9-%D9%8A%D9%86%D8%B4%D8%A6-%D8%A3%D9%88%D9%84-%D8%B4%D8%B1%D9%83%D8%A9-%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%89-%D8%A8%D8%B1%D8%A3%D8%B3%D9%85%D8%A7%D9%84\">Al Mal reports<\/a>. The new company comes as part of BdC\u2019s strategy to create new non-banking financing channels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CBE has approved Banque du Caire\u2019s plan to set up a financial leasing arm for the bank with EGP 500 mn in capital, Al Mal reports. The new company comes as part of BdC\u2019s strategy to create new non-banking financing channels.<\/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-632372","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"074e4a1e-d0c6-4f38-ac09-268bd94565c4","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"CBE greenlights Banque du Caire\u2019s establishment of EGP 500 mn financial leasing arm","related_issue":[632335],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.a0841549-3bea-486c-851f-6b021d4561fd.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>CBE greenlights Banque du Caire\u2019s establishment of EGP 500 mn financial leasing arm - 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\/02\/08\/cbe-greenlights-banque-du-caires-establishment-of-egp-500-mn-financial-leasing-arm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBE greenlights Banque du Caire\u2019s establishment of EGP 500 mn financial leasing arm\" \/>\n<meta property=\"og:description\" content=\"The CBE has approved Banque du Caire\u2019s plan to set up a financial leasing arm for the bank with EGP 500 mn in capital, Al Mal reports. The new company comes as part of BdC\u2019s strategy to create new non-banking financing channels.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/08\/cbe-greenlights-banque-du-caires-establishment-of-egp-500-mn-financial-leasing-arm\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-08T04:21:06+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\/2018\/02\/08\/cbe-greenlights-banque-du-caires-establishment-of-egp-500-mn-financial-leasing-arm\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/08\/cbe-greenlights-banque-du-caires-establishment-of-egp-500-mn-financial-leasing-arm\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CBE greenlights Banque du Caire\u2019s establishment of EGP 500 mn financial leasing arm\",\"datePublished\":\"2018-02-08T04:21:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/08\/cbe-greenlights-banque-du-caires-establishment-of-egp-500-mn-financial-leasing-arm\/\"},\"wordCount\":56,\"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\/02\/08\/cbe-greenlights-banque-du-caires-establishment-of-egp-500-mn-financial-leasing-arm\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/08\/cbe-greenlights-banque-du-caires-establishment-of-egp-500-mn-financial-leasing-arm\/\",\"name\":\"CBE greenlights Banque du Caire\u2019s establishment of EGP 500 mn financial leasing arm - 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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":558903,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/31\/banque-du-caires-net-income-revenues-grow-y-o-y-in-1h2021\/","url_meta":{"origin":632372,"position":2},"title":"Banque du Caire\u2019s net income, revenues grow y-o-y in 1H2021","author":"enterpriseam admin","date":"31 August 2021","format":false,"excerpt":"Banque du Caire\u2019s (BdC) net income grew 7% y-o-y in 1H2021 to EGP 1.8 bn, up from the EGP 1.7 bn (pdf) recorded in the same period last year, driven by a 3% y-o-y rise in net interest income to more than EGP 5 bn, according to an earrings release\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"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":632372,"position":3},"title":"Who\u2019s in the market for debt? 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The company is also negotiating loan agreements with United Bank and Ahli United Bank, he said, adding the amounts have not\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":634997,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/sanad-loans-banque-du-caire-usd-10-mn-for-msmes\/","url_meta":{"origin":632372,"position":5},"title":"SANAD loans Banque Du Caire USD 10 mn for MSMEs","author":"enterpriseam admin","date":"30 January 2018","format":false,"excerpt":"The Sanad Fund for MSMEs announced on Monday that it will finance USD 10 mn in loans for Banque du Caire\u2019s lending capabilities for micro, small, and medium enterprises (MSMEs), according to a press statement picked up by Al Mal. 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