{"id":642445,"date":"2017-08-14T04:09:33","date_gmt":"2017-08-14T04:09:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/nbe-considering-funding-used-cars-purchasing\/"},"modified":"2017-08-14T04:09:33","modified_gmt":"2017-08-14T04:09:33","slug":"nbe-considering-funding-used-cars-purchasing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/nbe-considering-funding-used-cars-purchasing\/","title":{"rendered":"NBE considering funding used cars purchasing"},"content":{"rendered":"<p>The National Bank of Egypt may create a product to finance the purchase of second-hand vehicles, head of the bank\u2019s Retail Credit Risk department Karim Sous says, <a href=\"http:\/\/www.almalnews.com\/Story\/342985\/18\/%D9%83%D8%B1%D9%8A%D9%85-%D8%B3%D9%88%D8%B3-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%89-%D9%8A%D8%AF%D8%B1%D8%B3-%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%B9%D9%85%D9%84%D8%A9\">according to Al Mal<\/a>. NBE isn\u2019t the only bank getting in on the used car action as the sector as a whole is apparently expanding in this line of business, Federation of Egyptian Industries\u2019 transport manufacturing division VP Samir Allam says. The move comes as sales of new cars has stalled post-float.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Bank of Egypt may create a product to finance the purchase of second-hand vehicles, head of the bank\u2019s Retail Credit Risk department Karim Sous says, according to Al Mal. NBE isn\u2019t the only bank getting in on the used car action as the sector as a whole is apparently expanding in this line [&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":[9291],"tags":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642445","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"0f950cd4-f78d-42f6-9952-f4aaf12d3f79","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642407],"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>NBE considering funding used cars purchasing - 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\/08\/14\/nbe-considering-funding-used-cars-purchasing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBE considering funding used cars purchasing\" \/>\n<meta property=\"og:description\" content=\"The National Bank of Egypt may create a product to finance the purchase of second-hand vehicles, head of the bank\u2019s Retail Credit Risk department Karim Sous says, according to Al Mal. NBE isn\u2019t the only bank getting in on the used car action as the sector as a whole is apparently expanding in this line [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/nbe-considering-funding-used-cars-purchasing\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-14T04:09:33+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\/2017\/08\/14\/nbe-considering-funding-used-cars-purchasing\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/nbe-considering-funding-used-cars-purchasing\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NBE considering funding used cars purchasing\",\"datePublished\":\"2017-08-14T04:09:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/nbe-considering-funding-used-cars-purchasing\/\"},\"wordCount\":87,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/nbe-considering-funding-used-cars-purchasing\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/nbe-considering-funding-used-cars-purchasing\/\",\"name\":\"NBE considering funding used cars purchasing - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-14T04:09:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/nbe-considering-funding-used-cars-purchasing\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/nbe-considering-funding-used-cars-purchasing\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/nbe-considering-funding-used-cars-purchasing\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NBE considering funding used cars purchasing\"}]},{\"@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":"NBE considering funding used cars purchasing - 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\/2017\/08\/14\/nbe-considering-funding-used-cars-purchasing\/","og_locale":"en_US","og_type":"article","og_title":"NBE considering funding used cars purchasing","og_description":"The National Bank of Egypt may create a product to finance the purchase of second-hand vehicles, head of the bank\u2019s Retail Credit Risk department Karim Sous says, according to Al Mal. 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NBE is the\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638580,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/kayan-egypt-invests-egp-15-mn-in-logistics-zone-says-assembling-seats-depends-on-automotive-directive\/","url_meta":{"origin":642445,"position":1},"title":"Kayan Egypt invests EGP 15 mn in logistics zone, says assembling Seats depends on Automotive directive","author":"enterpriseam admin","date":"9 October 2017","format":false,"excerpt":"Kayan Egypt is investing EGP 15 mn in a logistics service zone in Alexandria, Al Mal reports. CEO Karim El Naggar says the zone will be used to hold imported cars and also export car part and vehicles to markets including Libya and Sudan. El Naggar expects the zone to\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574297,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/06\/nbe-signs-eur-800-mn-agreement-with-eib-for-sme-financing\/","url_meta":{"origin":642445,"position":2},"title":"NBE signs EUR 800 mn agreement with EIB for SME financing","author":"enterpriseam admin","date":"6 September 2020","format":false,"excerpt":"DEBT WATCH- NBE signs EUR 800 mn agreement with EIB for SME financing: The National Bank of Egypt has signed a EUR 800 mn financing agreement with the European Investment Bank (EIB) to fund SMEs that have been impacted by covid-19, International Cooperation Minister Rania Al Mashat announced, according to\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":573234,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/nbe-to-obtain-eur-800-mn-of-eib-funding-next-month\/","url_meta":{"origin":642445,"position":3},"title":"NBE to obtain EUR 800 mn of EIB funding next month","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"The National Bank of Egypt expects to land in the coming month some EUR 800 mn in funding agreed last week with the European Investment Bank (EIB), Al Mal reports, citing unnamed sources. The funding comes as part of a larger EUR 1.9 bn agreement, with next month\u2019s loan dedicated\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":641408,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/","url_meta":{"origin":642445,"position":4},"title":"Used car market sees modest movement but dealers say not a recovery","author":"enterpriseam admin","date":"20 September 2017","format":false,"excerpt":"Used car dealers said sales in their segment have seen a modest recovery over the summer, according to Al Mal. The traders added that they think the rise comes from stabilizing prices and a seasonal rise in the summer. 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The ministry reportedly wants to drop the consortium\u2019s price from EUR 1 bn to EUR 950 mn, the source says.","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"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\/642445","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=642445"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642445\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642407"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642445"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642445"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}