{"id":649361,"date":"2017-04-30T04:04:32","date_gmt":"2017-04-30T04:04:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/lg-egypt-receives-egp-1-9-bn-facility-from-banque-misr\/"},"modified":"2017-04-30T04:04:32","modified_gmt":"2017-04-30T04:04:32","slug":"lg-egypt-receives-egp-1-9-bn-facility-from-banque-misr","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/lg-egypt-receives-egp-1-9-bn-facility-from-banque-misr\/","title":{"rendered":"LG Egypt receives EGP 1.9 bn facility from Banque Misr"},"content":{"rendered":"

LG Egypt received a two-year EGP 1.9 bn facility from Banque Misr to finance supplier facilities, Al Borsa reports<\/a>. Banque Misr and LG signed the agreement last week, and the bank will disburse the facility over one or two weeks, according to unnamed banking sources.<\/p>\n","protected":false},"excerpt":{"rendered":"

LG Egypt received a two-year EGP 1.9 bn facility from Banque Misr to finance supplier facilities, Al Borsa reports. Banque Misr and LG signed the agreement last week, and the bank will disburse the facility over one or two weeks, according to unnamed banking sources.<\/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-649361","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"d0242667-2ae0-4a21-9b06-4ba49a92ec79","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649320],"teaser":"","voice_url":""},"yoast_head":"\nLG Egypt receives EGP 1.9 bn facility from Banque Misr - 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\/04\/30\/lg-egypt-receives-egp-1-9-bn-facility-from-banque-misr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LG Egypt receives EGP 1.9 bn facility from Banque Misr\" \/>\n<meta property=\"og:description\" content=\"LG Egypt received a two-year EGP 1.9 bn facility from Banque Misr to finance supplier facilities, Al Borsa reports. Banque Misr and LG signed the agreement last week, and the bank will disburse the facility over one or two weeks, according to unnamed banking sources.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/lg-egypt-receives-egp-1-9-bn-facility-from-banque-misr\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-30T04:04:32+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\/04\/30\/lg-egypt-receives-egp-1-9-bn-facility-from-banque-misr\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/lg-egypt-receives-egp-1-9-bn-facility-from-banque-misr\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"LG Egypt receives EGP 1.9 bn facility from Banque Misr\",\"datePublished\":\"2017-04-30T04:04:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/lg-egypt-receives-egp-1-9-bn-facility-from-banque-misr\/\"},\"wordCount\":53,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/lg-egypt-receives-egp-1-9-bn-facility-from-banque-misr\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/lg-egypt-receives-egp-1-9-bn-facility-from-banque-misr\/\",\"name\":\"LG Egypt receives EGP 1.9 bn facility from Banque Misr - 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The loans include EGP 1 bn for Badr El Din Real Estate Investment to develop residential housing in New Cairo, Sheikh Zayed and the North Coast, and another\u2026","rel":"","context":"In "Banking + Finance"","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":628110,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/25\/nbe-banque-misr-bdc-to-provide-ezz-steel-rolling-mills-with-egp-3-4-bn-syndicated-loan\/","url_meta":{"origin":649361,"position":1},"title":"NBE, Banque Misr, BdC to provide Ezz Steel Rolling Mills with EGP 3.4 bn syndicated loan","author":"enterpriseam admin","date":"25 June 2018","format":false,"excerpt":"The National Bank of Egypt, Banque Misr, and Banque du Caire are reportedly providing Ezz Steel Rolling Mills with a EGP 3.4 bn syndicated loan to finance the working capital of the company\u2019s Ain Sokhna facility, unnamed banking sources tell Al Shorouk. No further details were announced.","rel":"","context":"In "Banking + Finance"","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":596234,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/al-marasem-eyes-banque-misr-to-become-lead-arranger-for-egp-2-bn-islamic-loan\/","url_meta":{"origin":649361,"position":2},"title":"Al Marasem eyes Banque Misr to become lead arranger for EGP 2 bn Islamic loan","author":"enterpriseam admin","date":"21 August 2019","format":false,"excerpt":"Real estate player Al Marasem International is in talks with Banque Misr to have it act as the lead arranger for a EGP 1.5-2 bn Islamic loan to fund its work in the new administrative capital, banking sources said, according to Al Mal. The state-owned bank approached a number of\u2026","rel":"","context":"In "Banking + Finance"","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":573072,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/banque-misr-arranges-4-loans-worth-egp-3-6-bn-pounds-for-al-marasem-developments\/","url_meta":{"origin":649361,"position":3},"title":"Banque Misr arranges 4 loans worth EGP 3.6 bn pounds for Al Marasem developments","author":"enterpriseam admin","date":"19 July 2020","format":false,"excerpt":"Banque Misr has arranged four shariah-compliant syndicated facilities worth EGP 3.6 bn for Al Marasem International Development for projects in the new administrative capital and Suez, Al Shoroukreports, citing unnamed informed sources. The state-owned bank has a 40% share in the first three of the loans, the sources said, adding\u2026","rel":"","context":"In "Banking + Finance"","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":649361,"position":4},"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. The bank is looking to redirect the funds towards new projects in sectors such as tech and is currently running an evaluation to determine which companies\u2026","rel":"","context":"In "Banking + Finance"","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":644834,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/04\/banque-misr-arranging-egp-500-mn-facility-for-tanmeyah\/","url_meta":{"origin":649361,"position":5},"title":"Banque Misr arranging EGP 500 mn facility for Tanmeyah","author":"enterpriseam admin","date":"4 July 2017","format":false,"excerpt":"Banque Misr is arranging a EGP 500 mn facility for micro financier Tanmeyah\u00a0to fund upcoming expansion plans, sources in the banking sector tell Al Mal. 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