{"id":635435,"date":"2017-12-04T04:06:46","date_gmt":"2017-12-04T04:06:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/banque-misr-closing-in-on-usd-500-mn-facility-from-eib-eyes-a-further-usd-500-600-mn\/"},"modified":"2017-12-04T04:06:46","modified_gmt":"2017-12-04T04:06:46","slug":"banque-misr-closing-in-on-usd-500-mn-facility-from-eib-eyes-a-further-usd-500-600-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/banque-misr-closing-in-on-usd-500-mn-facility-from-eib-eyes-a-further-usd-500-600-mn\/","title":{"rendered":"Banque Misr closing in on USD 500 mn facility from EIB, eyes a further USD 500-600 mn"},"content":{"rendered":"<p>Banque Misr plans to sign for a <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/24\/eib-agrees-to-lend-banque-misr-usd-500-mn\/\">USD 500 mn loan from the European Investment Bank<\/a> during the Business for Africa and the World Forum in Sharm El Sheikh which kicks off this Thursday, Vice President Akef El Maghraby <a href=\"http:\/\/www.almalnews.com\/Story\/355202\/12\/%D8%A8%D9%86%D9%83-%D9%85%D8%B5%D8%B1-%D9%8A%D9%82%D8%AA%D8%B1%D8%B6-500-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%85%D9%86-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%8A\">tells Al Mal<\/a>. El Maghraby added that the bank is also looking to take on board a further USD 500-700 mn \u201cin the coming period.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banque Misr plans to sign for a USD 500 mn loan from the European Investment Bank during the Business for Africa and the World Forum in Sharm El Sheikh which kicks off this Thursday, Vice President Akef El Maghraby tells Al Mal. El Maghraby added that the bank is also looking to take on board [&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-635435","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"ac7fcce3-e741-4abb-b434-7e467c64019c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[635394],"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 closing in on USD 500 mn facility from EIB, eyes a further USD 500-600 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\/2017\/12\/04\/banque-misr-closing-in-on-usd-500-mn-facility-from-eib-eyes-a-further-usd-500-600-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque Misr closing in on USD 500 mn facility from EIB, eyes a further USD 500-600 mn\" \/>\n<meta property=\"og:description\" content=\"Banque Misr plans to sign for a USD 500 mn loan from the European Investment Bank during the Business for Africa and the World Forum in Sharm El Sheikh which kicks off this Thursday, Vice President Akef El Maghraby tells Al Mal. 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Banque Misr could soon be following the likes of CIB and the Finance Ministry by issuing its very own green bonds to investors, according to Al Mal. The state-owned bank is exploring the possibility of selling the climate-focused securities, Vice Chairman Akef\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\/2021\/8\/160.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":641466,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/24\/eib-agrees-to-lend-banque-misr-usd-500-mn\/","url_meta":{"origin":635435,"position":1},"title":"EIB agrees to lend Banque Misr USD 500 mn","author":"enterpriseam admin","date":"24 September 2017","format":false,"excerpt":"The European Investment Bank (EIB) agreed last week to lend Banque Misr USD 500 mn that will be used for SME loans and financing, Vice President Akef El Maghraby tells Al Borsa. Banque Misr is also expected to sign an MoU for another loan from the China Development Bank this\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":648589,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/banque-misr-in-talks-to-borrow-usd-700-mn-from-international-institutions\/","url_meta":{"origin":635435,"position":2},"title":"Banque Misr in talks to borrow USD 700 mn from international institutions","author":"enterpriseam admin","date":"6 April 2017","format":false,"excerpt":"Banque Misr is in negotiations for USD 700 mn in funding to support its foreign currency liquidity, vice Chairman Akef El Maghraby told Al Mal. Banque Misr is in talks with Afrexim Bank for a USD 200 mn loan and USD 500 mn from the European Investment Bank. El Maghraby\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":645838,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/31\/banque-misr-looks-to-borrow-usd-1-bn-from-intl-banks-in-fy2017-18\/","url_meta":{"origin":635435,"position":3},"title":"Banque Misr looks to borrow USD 1 bn from int\u2019l banks in FY2017-18","author":"enterpriseam admin","date":"31 July 2017","format":false,"excerpt":"Banque Misr is looking to borrow USD 1 bn from international financing institutions during FY2017-18, Banque Misr Vice Chairman Akef El Maghraby said on Sunday, Al Borsa reports. The European Bank for Reconstruction and Development is expected to vote on a USD 500 mn facility for the bank in September,\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":651986,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/26\/banque-misr-receives-usd-80-mn-from-credit-suisse\/","url_meta":{"origin":635435,"position":4},"title":"Banque Misr receives USD 80 mn from Credit Suisse","author":"enterpriseam admin","date":"26 February 2017","format":false,"excerpt":"Banque Misr has received an USD 80 mn tranche in funding from Credit Suisse, Banque Misr Vice Chairman Akef El Maghraby told Al Mal. Banque Misr had announced it is borrowing a total of USD 350 mn from Credit Suisse to support liquidity and meet clients\u2019 USD requirements. The central\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":641359,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/banque-misr-plans-to-exit-investments-worth-egp-10-bn-in-fy2017-18\/","url_meta":{"origin":635435,"position":5},"title":"Banque Misr plans to exit investments worth EGP 10 bn in FY2017-18","author":"enterpriseam admin","date":"19 September 2017","format":false,"excerpt":"State-owned Banque Misr is planning to exit private equity investments worth EGP 10 bn during FY2017-18, Vice Chairman Akef El Maghraby tells Al Borsa. 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