Egypt’s central bank is preparing the ground to launch a new initiative dedicated for the microfinance sector …
microfinance
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Banks
Central Bank of Egypt braces for multi-billion-pound microfinance initiative
by Yomna Yasserby Yomna YasserEgypt’s central bank is preparing the ground to launch a new initiative dedicated for the microfinance sector …
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Financial Institutions
Three Gulf institutions eye practicing microfinance activities in Egypt
by Yomna Yasserby Yomna YasserThree financial institutions from Gulf are studying applying for a licence to practice microfinance activities in Egypt …
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Financial Institutions
INTERVIEW: launch of new microfinance firm in Egypt is underway
by Yomna Yasserby Yomna YasserOne of the private banks in Egypt is conducting feasibility studies to launch a new microfinance company …
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Financial Institutions
GIZ: Egypt nominated to be MENA’s micro financing and insurance hub
by Yomna Yasserby Yomna YasserEgypt is nominated to become a regional hub for microfinance and insurance activities in the coming period, …
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Banks
EFG-Hermes plans acquiring 94% stake in Egyptian microfinance leader Tanmeyah
by Yomna Yasserby Yomna YasserEgypt’s EFG-Hermes, one of the largest investment banks in the Middle East, is in the process of …
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The issuance of the microfinance law last year was part of President Sisi’s strategic objective to improve …
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Industry & Trade
Qalaa Holdings hires CI Capital to study divesting from Microfinance Leader
by Yomna Yasserby Yomna YasserQalaa Holdings, one of Egypt’s largest investment companies, announced Monday it mandated investment bank CI Capital to …
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Financial Institutions
Microcredit Needs Separate Regulator: Nobel Laureate Muhammad Yunus in Cairo
by Yomna Yasserby Yomna YasserEgypt needs a separate regulator, legal framework and an integrated strategy for microfinance to be able to …
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Financial Institutions
SFD’s Microfinance Exceeds Target in 2014, Rises to EGP1.650bn
by Yomna Yasserby Yomna YasserEgypt’s Social Fund for Development (SFD)’s microenterprise funding has exceeded target in 2014 of EGP 1.630 billion, …