Egypt: First License for Financial Leasing for Small Business Approved
Youm7, 15 August 2021: Egypt’s Financial Supervisory Authority has announced it has issued the first license to a company providing financial leasing services to small businesses.
The approval has been issued as part of the implementation of Egypt Law No. 176/2018.
The Authority said it will boost financial inclusion in the Egyptian market and open new opportunities for small businesses to extend their operations.
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