{"id":634856,"date":"2018-01-28T04:08:14","date_gmt":"2018-01-28T04:08:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/"},"modified":"2018-01-28T04:08:14","modified_gmt":"2018-01-28T04:08:14","slug":"banque-misr-in-talks-to-borrow-usd-650-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/","title":{"rendered":"Banque Misr in talks to borrow USD 650 mn"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Banque Misr is in \u201cadvanced talks\u201d with international lenders to secure USD 650 mn in funding<\/strong>, Chairman Mohamed El Etreby <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-01-24\/banque-misr-in-advanced-talks-to-secure-650-million-in-loans\">told Bloomberg\u2019s Mirette Magdy<\/a>. El Etreby expects the agreements to be signed in March. Also, while Banque Misr is planning on issuing international bonds, it will not do so soon, El Etreby says. He adds that Banque Misr has secured central bank authorization to set up representative offices in Italy, South Korea, and Kenya this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banque Misr is in \u201cadvanced talks\u201d with international lenders to secure USD 650 mn in funding, Chairman Mohamed El Etreby told Bloomberg\u2019s Mirette Magdy. El Etreby expects the agreements to be signed in March. Also, while Banque Misr is planning on issuing international bonds, it will not do so soon, El Etreby says. He adds [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634856","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d94a4012-6d0b-45b4-8060-654656b26d95","order":"0","is_powered_by":true,"section_story_id":"f9919a2b-98e0-4ec2-a17e-8f228af59494","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634844],"teaser":"","voice_url":""},"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 in talks to borrow USD 650 mn - 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\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque Misr in talks to borrow USD 650 mn\" \/>\n<meta property=\"og:description\" content=\"Banque Misr is in \u201cadvanced talks\u201d with international lenders to secure USD 650 mn in funding, Chairman Mohamed El Etreby told Bloomberg\u2019s Mirette Magdy. El Etreby expects the agreements to be signed in March. Also, while Banque Misr is planning on issuing international bonds, it will not do so soon, El Etreby says. He adds [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-28T04:08:14+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\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque Misr in talks to borrow USD 650 mn\",\"datePublished\":\"2018-01-28T04:08:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/\"},\"wordCount\":84,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/\",\"name\":\"Banque Misr in talks to borrow USD 650 mn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-28T04:08:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Banque Misr in talks to borrow USD 650 mn\"}]},{\"@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":"Banque Misr in talks to borrow USD 650 mn - 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\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/","og_locale":"en_US","og_type":"article","og_title":"Banque Misr in talks to borrow USD 650 mn","og_description":"Banque Misr is in \u201cadvanced talks\u201d with international lenders to secure USD 650 mn in funding, Chairman Mohamed El Etreby told Bloomberg\u2019s Mirette Magdy. El Etreby expects the agreements to be signed in March. Also, while Banque Misr is planning on issuing international bonds, it will not do so soon, El Etreby says. He adds [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-01-28T04:08:14+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Banque Misr in talks to borrow USD 650 mn","datePublished":"2018-01-28T04:08:14+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/"},"wordCount":84,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/","name":"Banque Misr in talks to borrow USD 650 mn - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-01-28T04:08:14+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/banque-misr-in-talks-to-borrow-usd-650-mn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Banque Misr in talks to borrow USD 650 mn"}]},{"@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\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":569417,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/banque-misr-looks-to-borrow-usd-250-mn-for-africa-expansion\/","url_meta":{"origin":634856,"position":0},"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. The bank recently signed an agreement with the European Investment Bank\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\/2020\/2\/297.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570211,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/23\/banque-misrs-el-etreby-named-feb-chairman\/","url_meta":{"origin":634856,"position":1},"title":"Banque Misr\u2019s El Etreby named FEB chairman","author":"enterpriseam admin","date":"23 March 2020","format":false,"excerpt":"MOVES- Banque Misr\u2019s El Etreby named FEB chairman: Banque Misr Chairman MohamedEl Etreby has been selected to succeed CIB\u2019s Hisham Ezz El Arab as the chair of the Federation of Egyptian Banks for a three-year term, according to Masrawy. National Bank of Egypt Chairman Hisham Okasha will serve as El\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":628595,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/banque-misr-taps-international-bank-to-manage-usd-500-mn-loan\/","url_meta":{"origin":634856,"position":2},"title":"Banque Misr taps international bank to manage USD 500 mn loan","author":"enterpriseam admin","date":"8 May 2018","format":false,"excerpt":"Banque Misr has hired an international bank to manage a USD 500 mn loan it\u2019s looking to secure from international lenders by 3Q2018, Chairman Mohamed El Etreby tells Bloomberg, without disclosing the name of the bank. The loan would be directed towards Banque Misr\u2019s planned expansions, according to El Etreby.\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":546539,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/19\/mohamed-el-etreby-appointed-uab-chairman\/","url_meta":{"origin":634856,"position":3},"title":"Mohamed El Etreby appointed UAB chairman","author":"enterpriseam admin","date":"19 May 2022","format":false,"excerpt":"Banque Misr\u2019s El Etreby named UAB head: Banque Misr Chairman Mohamed El Etreby (bio) has been selected to succeed Sheikh Mohamed El Jarrah Al Sabbah as the head of the Union of Arab Banks (UAB) for a three-year term, according to a statement. Banque du Caire\u2019s Tarek Fayed was also\u2026","rel":"","context":"In &quot;Moves&quot;","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573716,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/16\/state-owned-banque-misr-is-now-the-largest-shareholder-in-egx-listed-ci-capital\/","url_meta":{"origin":634856,"position":4},"title":"State-owned Banque Misr is now the largest shareholder in EGX-listed CI Capital","author":"enterpriseam admin","date":"16 August 2020","format":false,"excerpt":"M&A WATCH- State-owned Banque Misr is now the largest shareholder in EGX-listed CI Capital after acquiring another 9% stake in the investment bank on Thursday, raising its total holdings to 24.7%, Reuters reports. This came a day after the bank purchased 14 mn shares in the financial services firm, which\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":628988,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/banque-misr-reportedly-taps-citigroup-to-arrange-usd-500-mn-loan-from-intl-lenders\/","url_meta":{"origin":634856,"position":5},"title":"Banque Misr reportedly taps Citigroup to arrange USD 500 mn loan from int\u2019l lenders","author":"enterpriseam admin","date":"20 May 2018","format":false,"excerpt":"State-owned Banque Misr has reportedly tapped Citigroup to arrange a USD 500 mn syndicated loan, sources close to the matter tell Reuters. Banque Misr Chairman Mohamed El Etreby said earlier this month that the bank had hired an international institution to manage a USD 500 mn facility it was looking\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634856","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=634856"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634856\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/634844"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=634856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=634856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=634856"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=634856"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=634856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}