FRA clarifies suspension of new applications for consumer, microfinance companies
The Financial Regulatory Authority (FRA) has detailed the reasons for halting the…
PayTabs Egypt, Ollin partner to enhance consumer finance payment solutions
PayTabs Egypt, a leading payment solutions provider in the Middle East and…
FRA reveals size of non-banking financing in July 2024
The Financial Regulatory Authority (FRA) has disclosed the total volume of non-banking…
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)…
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…
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…