Premium International's 2nd securitization bond issuance of LE 172B closed

Wed, 15 Apr 2020 - 03:18 GMT

EFG Hermes clarified that this comes as part of Premium International two-year program to issue LE 2 billion ($162 million), in securitisation bonds.

Egypt’s 1st short-term securitization for LE 167M closed: Premium Int'l

Sun, 24 Nov 2019 - 04:39 GMT

Premium International for Credit Services announced Sunday the closing of Egypt’s first short-term securitization transaction, worth LE 167 million backed by a portfolio of consumer card receivables in the total value of LE 184 million.

FRA seeks to issue green bonds in 2020

Wed, 20 Nov 2019 - 03:44 GMT

Omran added that the authority offers a 50-percent discount on examining and studying green bond issuance to encourage organizations and investors to invest in it.

Egypt studies issuing Sukuk during Q1 of 2020: Omran

Wed, 20 Nov 2019 - 03:33 GMT

Omran clarified during a conference to announce the issuance of the first short-term securitization for payment of Premium Card that the biggest challenge is offering green bonds.

FRA approves short-term securitization bond program worth LE 2 billion

Wed, 20 Nov 2019 - 03:29 GMT

Omran added Wednesday that, as a part of this program, FRA agreed to issue two short-term securitization bonds for Premium International for credit services.