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Egypt

Valu secures EGP463.3m receivables securitised bond with EFG Hermes

Valu, MENA’s leading financial technology powerhouse, has completed its 14th securitised bond issuance, valued at EGP 463.3m (approx. U$9.4m), in partnership with EFG Hermes, the region’s leading investment bank. This marks the fourth issuance under Valu’s newly approved EGP 16.0...

#MENA#receivables securitisation#Valu

IFC and Attijariwafa bank Egypt partner to support SMEs

IFC and Attijariwafa bank Egypt (AWB Egypt) announced a partnership to bolster the Bank’s capital position and help it deliver…

#Attijariwafa bank#IFC#sme finance


Beltone announces additional capital increase of EGP 10.75bn

Beltone Holding (“Beltone” or the “Company”) announces that its Board of Directors has approved to proceed with all legal and…

#Beltone#Dalia Khorshid#sustainable


Oliv secures Egypt’s first digital factoring licence

oliv, a financial technology company focused on SME financing, has secured Egypt's first digital factoring licence from the Financial Regulatory…

#digital factoring#digitalisation#factoring


Qardy and AlKheir Microfinance partner to boost microfinance in...

Egypt’s online lending marketplace Qardy has formed a partnership with AlKheir Microfinance. The collaboration aims to support microbusinesses in Upper…

#AlKheir Microfinance#microfinance#Qardy


Geidea to expand its services to Egypt

Geidea, a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos service…

#data protection#digital#digital transformation


EBRD partners with CIB to boost SME financing in...

The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility for up to €25m to Commercial…

#EBRD#risk sharing agreement#sme finance


EFG Hermes completes valU’s EGP 667.3M receivables securitised bond

EFG Hermes, a leading investment bank in the MENA region and a subsidiary of EFG Holding, has completed its 12th…

#receivables securitisation


WFY’24: Egypt sees increase of factoring volumes in 2023

Factoring volume in Egypt has been growing over the last few years since its introduction to the country’s financial market…

#Egypt Factors#factoring#Ghada Shams


EBRD launches €35m risk-sharing facility with QNB

The European Bank for Reconstruction and Development (EBRD) has introduced a €35m risk-sharing facility to support small and medium-sized enterprises…

#EBRD#QNB#risk sharing agreement


Beltone Leasing and Factoring completes first securitisation

Beltone Holding’s ("Beltone") wholly owned subsidiary, Beltone Leasing and Factoring, has successfully completed its first securitisation issuance, raising EGP 1.33bn…

#factoring#receivables securitisaton


Beltone Holding doubles Beltone SMEs capital to EGP500M

Beltone Holding, has announced a major milestone for its subsidiary, Beltone SMEs. The company has successfully increased its paid-in capital…

#Beltone#sme finance

Beltone Leasing and Factoring and Madkour Group sign EGP...

Beltone Holding, one of the fastest-growing financial institutions in Egypt, announced that its subsidiary, Beltone Leasing and Factoring, has signed…

#Amir Ghannam#Beltone#factoring

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