}

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Egypt settles EGP 401.9B in NIB debts: Rostom

Egypt has settled EGP 401.9 billion in debts and financial entanglements involving the National Investment Bank (NIB), resolving more than 95% of the bank’s non-performing assets since February 2026, Minister of Planning and Economic Development Ahmed Rostom said.

Updated 51m1h
MNT-Halan wraps up $130M securitized bond issuance

The first unicorn fintech in Egypt MNT-Halan has finalized five tranches of securitized bond issuances through its wholly-owned subsidiaries in consumer finance and microfinance in 2023.

Updated 11/2/2023 1:32:00 AM