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Funding for small firms surpasses 100 billion pounds
Recent data from the General Authority for Financial Supervision shows that the total balances of funding for small, medium, and micro-enterprises in Egypt exceeded 100 billion Egyptian pounds by the end of May 2026. This represents a growth of 15.7% compared to the same period last year, an increase of 13.6 billion pounds. Despite a 6.5% decline in the number of beneficiaries of microfinance, which fell to 3.4 million beneficiaries, the value of the funding has increased, especially for micro-enterprises and small to medium enterprises. These sectors experienced growth rates of 28.6% and 19.4%, respectively, with balances rising to 74.1 billion and 25.9 billion pounds. This reflects an increase in the average amount of funding granted despite the reduction in the number of beneficiaries.
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