ECRA

Training Programs, Workshops, and Research

MEMBERS SERVICES & ACTIVITIES

ECRA is the 1st Credit & Risk Association in Egypt to be officially formed to gather all credit & risk professionals in Egypt under one roof We work closely with the regulators (CBE & EFSA) suggesting our recommendations to enhance the 2 mentioned fields in Egypt for the benefit of both lenders & borrowers ECRA is a not-for-profit, member-driven professional association whose sole purpose is to work with the appropriate regulators to improve & enhance the use of sound corporate and risk principles in the financial services industry

• LEASING Financial leasing is a source of medium to long term funds that fulfill company's financial requirements

Financial leasing is a source of medium to long term funds that fulfill company's financial requirements

• FACTORING As a new financial tool in the market, Factoring stands as one the most important alternatives for the SMEs and Corporates as well

As a new financial tool in the market, Factoring stands as one the most important alternatives for the SMEs and Corporates as well

• MORTGAGE Mortgage finance is governed in Egypt by Law No
• 140 which was issued in August, 2001 (the Law)

Mortgage finance is governed in Egypt by Law No 140 which was issued in August, 2001 (the Law)

MR. TAMER MAHMOUD SADEK

MR. YEHIA ABU EL-FOTOUH

MR. AYMAN EL SAWY

MR. AHMED F. DEIF

FUTURE OF CHEMICAL INDUSTRIES IN EGYPT

BUSINESS AND RISK SEMINAR

We are pleased to announce for upcoming program “Advanced Corporate Credit” In cooperation with FITCH Learning Date: from Tuesday 21st November 2017 till Thursday 23rd November, 2017 Venue: EBI – Nasr City Course Hours: 24 hrs Facilitator: Mr Pedro Ferreira Fees: L E 3800 / participant + $ 1550  In case the bank nominates before Wednesday 27th September 2017, the dollar[…]

New Investment Law roundtable discussion

IMF approves $12bn loan: what’s next for Egypt’s economic reform programme?

These reforms aren’t easy but they will unleash the potential of Egypt’s economy and serve its people, says IMF managing director Egypt successfully secured the International Monetary Fund’s (IMF) approval for the three-year, $12bn loan agreement on Friday The first instalment of $2 75m has already been received following the IMF executive board’s approval The loan[…]

Russian tourists return to boost Egypt’s tourism

Russian flights to Egypt resume in hopes of reviving Egyptian tourism and economy According to the Italian website Web it Mag, Russian flights to Egypt will resume on 23 February Russian flights will be flying to three Egyptian airports: Cairo, Sharm El-Sheikh, and Hurghada The Egyptian airport authorities have received ocular biometric scanners from Russia[…]

Pound continues strengthening against USD, expected to settle below EGP 17 to the dollar within days

Significant increase in hard cash supply as foreigners invest in government debt instruments The Egyptian pound continued to strengthen against the US dollar on Monday, amid expectations of gaining more power and estimates of settling below EGP 17 per USD within the coming few days The price of the US dollar at the Central Bank[…]

Egypt is making good progress in the loan programme, IMF

Christine Lagarde, head of the International Monetary Fund (IMF), said on Monday that Egypt is making good progress in the $12bn loan programme, noting that the currency is likely to stabilise after months of depreciation Lagarde said in an interview during a visit to Dubai that the IMF sees good, noticeable progress by the Egyptian[…]

Al-Sisi issues decree to establish National Council for Payments under his chairmanship

Council membership includes prime minister, CBE governor, ministers, and regulatory body representatives President Abdel Fattah Al-Sisi issued Republican Decree No 89 of 2017 to establish the National Council for Payments under his chairmanship According to the text of the presidential decree, the council includes Prime Minister Sherif Ismail, the Governor of the Central Bank of[…]

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