{"id":649910,"date":"2017-03-12T04:13:43","date_gmt":"2017-03-12T04:13:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/banque-misr-looking-to-borrow-usd-600-mn-from-international-institutions\/"},"modified":"2017-03-12T04:13:43","modified_gmt":"2017-03-12T04:13:43","slug":"banque-misr-looking-to-borrow-usd-600-mn-from-international-institutions","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/banque-misr-looking-to-borrow-usd-600-mn-from-international-institutions\/","title":{"rendered":"Banque Misr looking to borrow USD 600 mn from international institutions"},"content":{"rendered":"<p>Banque Misr is in negotiations to secure USD 600 mn in funding, Chairman Mohamed Eletreby told <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325512\">Al Mal<\/a>. Eletreby says Banque Misr is in talks with the African Development Bank, the EBRD, and \u201csome Chinese institutions\u201d and he expects the negotiations to be concluded within months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banque Misr is in negotiations to secure USD 600 mn in funding, Chairman Mohamed Eletreby told Al Mal. Eletreby says Banque Misr is in talks with the African Development Bank, the EBRD, and \u201csome Chinese institutions\u201d and he expects the negotiations to be concluded within months.<\/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-649910","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"a8777948-71a6-4ee1-b7e7-a258396e2916","order":"0","is_powered_by":true,"section_story_id":"5ee52895-421a-4ce8-a079-f04621ae7f70","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649861],"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 looking to borrow USD 600 mn from international institutions - 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\/03\/12\/banque-misr-looking-to-borrow-usd-600-mn-from-international-institutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque Misr looking to borrow USD 600 mn from international institutions\" \/>\n<meta property=\"og:description\" content=\"Banque Misr is in negotiations to secure USD 600 mn in funding, Chairman Mohamed Eletreby told Al Mal. Eletreby says Banque Misr is in talks with the African Development Bank, the EBRD, and \u201csome Chinese institutions\u201d and he expects the negotiations to be concluded within months.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/banque-misr-looking-to-borrow-usd-600-mn-from-international-institutions\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-12T04:13:43+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\/03\/12\/banque-misr-looking-to-borrow-usd-600-mn-from-international-institutions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/banque-misr-looking-to-borrow-usd-600-mn-from-international-institutions\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque Misr looking to borrow USD 600 mn from international institutions\",\"datePublished\":\"2017-03-12T04:13:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/banque-misr-looking-to-borrow-usd-600-mn-from-international-institutions\/\"},\"wordCount\":55,\"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\/03\/12\/banque-misr-looking-to-borrow-usd-600-mn-from-international-institutions\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/banque-misr-looking-to-borrow-usd-600-mn-from-international-institutions\/\",\"name\":\"Banque Misr looking to borrow USD 600 mn from international institutions - 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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":648589,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/banque-misr-in-talks-to-borrow-usd-700-mn-from-international-institutions\/","url_meta":{"origin":649910,"position":1},"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. 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The bank had previously stated it was interested sourcing liquidity from foreign sources.","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":650333,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/banque-misr-to-receive-usd-50-mn-sharia-compliant-facility-from-gcc-lenders\/","url_meta":{"origin":649910,"position":3},"title":"Banque Misr to receive USD 50 mn Sharia-compliant facility from GCC lenders","author":"enterpriseam admin","date":"21 March 2017","format":false,"excerpt":"Banque Misr reached an agreement with the Abu Dhabi Islamic Bank (ADIB) to arrange a USD 50 mn syndicated loan from a number of GCC lenders, Banque Misr\u2019s Vice Chairman Akef El Maghraby told Al Borsa. Banque Misr was initially seeking USD 150 mn, but settled on a third of\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":626020,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/banque-misr-intends-to-borrow-usd-750-mn-by-end-of-fy2018-19\/","url_meta":{"origin":649910,"position":4},"title":"Banque Misr intends to borrow USD 750 mn by end of FY2018-19","author":"enterpriseam admin","date":"28 August 2018","format":false,"excerpt":"Banque Misr is in talks with international banks and financial institutions to borrow up to USD 750 mn by the end of this fiscal year, Banque Misr Deputy Chairman Akef Maghraby said, Reuters\u2019 Arabic service reports. As of last May, the bank\u2019s overseas loans portfolio reached USD 4.16 bn.","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":649910,"position":5},"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. 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