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GlobalCorp- Issues first Securitization Bond

GlobalCorp- Financial services a leading and fast-growing non-banking financial services institution based in Egypt is announcing its first securitized bond offering in the amount of EGP 985 million. The issuance is part of a larger securitization bond program worth EGP 5 bn set to be completed by 2023. The offering consists of three tranches with tenors...

GlobalCorp- Factoring secures its FCI membership

  GlobalCorp Factoring secures its membership for Factoring Chain International (FCI), a Global leading Representative Body for Factoring and Financing of Open Account Domestic and International Trade Receivables, whose main aim is to¬†support cross-border factoring activities through which its members cooperate as export and import factors. After launching its factoring activities for more than a...