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Egypt

New company receives licence to offer factoring services in...

...has received a licence to offer factoring services in the Egyptian market, further diversifying its product offering to large corporates and SMEs across Egypt... (more…)

#bank#financial services#receivables

Egyptian bank expects to start factoring services in Q1...

Egyptian investment bank...expects to begin offering factoring services in the first quarter of 2018 as... (more…)

#bank#EFG Hermes#financial services


Afreximbank provides US$150m for Egyptian factoring companies

The African Export-Import Bank (Afreximbank) is providing US$150m for Egyptian factoring companies within 5 years... (more…)

#alternative financing#bank#funding


EIB and Banque Misr provide €250m to finance SMEs...

The European Investment Bank (EIB) signed a financing agreement of EUR 250 million with Banque Misr to ... (more…)

#bank#Banque Misr#SME financing


EBRD opens second office in Egypt to support SME...

The European Bank for Reconstruction and Development (EBRD) has stepped up its support for the economic development of Egypt, with…

#bank#financial institution#international


Egypt ratifies local law on factoring and financial leasing

Egypt’s Cabinet approved the law on financial leasing and factoring and referred it to the State Council, said... (more…)

#digital#international#leasing


Egyptian bank to start factoring

One of the largest investment banks in the Middle East, Egyptian investment bank... (more…)

#bank#banks#EFG Hermes


Egypt Factors acquired by larger group

Egypt Factors (EF), a free zone incorporated company offering export, import and reverse factoring, have been acquired by larger... (more…)

#acquisition#management


Banque Misr signs two agreements in value of US...

Egypt’s Banque Misr signed recently an agreement for US dollar 500 million with (more…)

#bank#Bank of China#liquidity


EBRD and ALEXBANK boost SMEs and trade activities in...

The European Bank for Reconstruction and Development (EBRD) is partnering ALEXBANK to support the development of small businesses and trade…

#bank#international#smes


Egypt to sign SME financing agreement with EIB

The Ministry of International Cooperation has announced that Egypt will sign a EUR500m agreement to support SMEs with the European…

#bank#international#investment


Egyptian Finance Ministry adds factoring to ‘financing activities’

The Egyptian Minister of Finance, Amr Al-Garhi, has issued a decision to add factoring activities to financing activities to increase…

#leasing#liquidity#trade

Afreximbank could benefit Egyptian SMEs

Egyptian firms seeking opportunities for increased trade within African markets should take advantage of the expertise and offerings of the…

#bank#conference#exporters

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