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GlobalCorp-Financial Services, a factoring and leasing non-banking institution based in Egypt, has announced its second securitised bond offering, in the amount of EGP 1.284bn (£57.5m), as part of a larger securitisation bond programme worth EGP 5bn (£224m), set to be...
#GlobalCorp#receivables securitisation
Following the acquisition of a 75per cent stake by EFG Hermes Holding and... (more…)
#EFG Hermes#insurance
The European Bank for Reconstruction and Development (EBRD) is supporting the green economy in ... (more…)
#green finance
Contact Factoring, a Subsidiary of Contact Financial Holding one of the leading non-banking financial services company in Egypt, signed a…
#supply chain finance#working capital
EFG Hermes Holding announced today the transfer of Walid Hassouna from his position as CEO of the firm’s Non-Bank Financial…
#BNPL#Corporate appointments#EFG Hermes
The Head of the Egyptian Tax Authority, Reda Abdel Kader, asked the companies ... (more…)
#electronic invoice#investment#invoice
EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced today that its Investment Banking division successfully…
#EFG Hermes
EFG Hermes Holding announced a strong first-quarter performance in 2022, with revenues increasing by 55% year-on-year (y-o-y) to EGP 1.9bn.…
#EFG Hermes#financial services#interest
A consortium of investors made up of Amethis, the European Bank for Reconstruction and Development (“EBRD”), and.... (more…)
#GlobalCorp
African Export-Import Bank (“Afreximbank” or the “Bank”) has released the consolidated financial statements of the Bank ... (more…)
#bank#guarantees#management
Egyptian Finance Minister Mohamed Maait announced that on April 15, a trial run of the "e-invoice" system would be introduced…
#e-invoice system#invoice#risk
Finastra today announced that Banque Misr, the second largest national bank in Egypt with international presence... (more…)
#Finastra
Contact Factoring, a subsidiary of Contact Financial Holding, intends to grow the size of its factoring portfolio to EGP 1bn…
#3M#interest#smes