Tag: Consumer finance

Corporate, institutional financing for MSMEs jumps to EGP 71.3bn in September 2024

Corporate and institutional financing for Micro, Small, and Medium Enterprises (MSMEs) totaled…

Hossam Mounir Hossam Mounir

Souhoola completes EGP 478m securitization bond issuance

BM Consumer Finance (Souhoola), a consumer finance company, has completed ab EGP…

Daily News Egypt Daily News Egypt

FRA clarifies suspension of new applications for consumer, microfinance companies

The Financial Regulatory Authority (FRA) has detailed the reasons for halting the…

Hossam Mounir Hossam Mounir

PayTabs Egypt, Ollin partner to enhance consumer finance payment solutions

PayTabs Egypt, a leading payment solutions provider in the Middle East and…

Daily News Egypt Daily News Egypt

FRA reveals size of non-banking financing in July 2024

The Financial Regulatory Authority (FRA) has disclosed the total volume of non-banking…

Hossam Mounir Hossam Mounir

Non-banking finance for MSMEs increases to EGP 64.421bn in May 2024: FRA

The total non-banking financial credit extended to medium, small, and micro-enterprises (MSMEs)…

Hossam Mounir Hossam Mounir

Consumer finance companies adjust pricing plans in response to higher interest rates

The Central Bank of Egypt’s decision to raise interest rates by 600…

Daily News Egypt Daily News Egypt

Consumer finance in Egypt worth EGP 70bn, requires putting activity under EFSA’s supervision: Omran

EFSA aims to increase volume of financial leasing to EGP 80bn by…

Hossam Mounir Hossam Mounir