By: Islam Fadl
Cairo – Mubasher: Global Lease is in talks for securing EGP 400 million loan, a top official told Mubasher.
The company is negotiating the loan with two banks, chief risk officer Hisham Abdel Fattah added.
The new credit facility will be pumped into the transport, real estate, and food sectors, he noted.
Abdel Fattah revealed that Global Lease had secured EGP 1 billion credit facilities from 5 banks during the first five months of 2019.
Translated by: Muhammad Abdul-Wakeel
