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The African Export-Import Bank (Afreximbank) has released its unaudited financial statements for the half-year period ended 30 June 2018, showing gross revenue of US$343m. The figure represents a US$21m increase over the gross revenue for the same period in 2017. The...
#bank#interest
...will start offering factoring services in early July as part of a push into non-banking services... (more…)
#bank#banks#conference
Gamal Muharram, chairperson of the Egyptian Factoring Association (EFA), expected the activity of the sector to reach EGP 10bn (US$…
#bank#exporters#interest rates
...has received a licence to offer factoring services in the Egyptian market, further diversifying its product offering to large corporates…
#bank#financial services#receivables
Egyptian investment bank...expects to begin offering factoring services in the first quarter of 2018 as... (more…)
#bank#EFG Hermes#financial services
The African Export-Import Bank (Afreximbank) is providing US$150m for Egyptian factoring companies within 5 years... (more…)
#alternative financing#bank#funding
The European Investment Bank (EIB) signed a financing agreement of EUR 250 million with Banque Misr to ... (more…)
#bank#Banque Misr#SME financing
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’s Cabinet approved the law on financial leasing and factoring and referred it to the State Council, said... (more…)
#digital#international#leasing
One of the largest investment banks in the Middle East, Egyptian investment bank... (more…)
#bank#banks#EFG Hermes
Egypt Factors (EF), a free zone incorporated company offering export, import and reverse factoring, have been acquired by larger... (more…)
#acquisition#management
Egypt’s Banque Misr signed recently an agreement for US dollar 500 million with (more…)
#bank#Bank of China#liquidity
The European Bank for Reconstruction and Development (EBRD) is partnering ALEXBANK to support the development of small businesses and trade…
#bank#international#smes