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Source: المصدر
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Source: المصدر
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The Commercial International Bank (CIB) announced the successful issuance of securitization bonds worth 1.383 billion Egyptian pounds for the Micro, Small, and Very Small Enterprise Development Agency. The issuance is divided into two tranches: the first valued at 987.6 million pounds with a 12-month maturity and a "P1" credit rating; and the second worth 395.6 million pounds with a 19-month maturity and an "A" rating. This is the first securitization certificate under a three-year program with a total value of 5 billion pounds. The program aims to provide sustainable liquidity to support the agency's expansion in financing small and very small enterprises. It aligns with the bank's strategy to promote sustainable economic growth and diversify funding sources.
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