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Raya Holding eyes to increase its credit portfolio to EGP 500M

Raya Holding eyes to increase its credit portfolio to EGP 500M

ArabFinance: Raya Holding for Financial Investments company (RAYA) asserts the news that has been published in a newspaper regarding injection EGP 400 million by its subsidiary, Aman For Microfinance, to finance small and micro enterprises (SMEs) in the current fiscal year.

Aman's work volume has been increasing because of its pursuit to finance SMEs in order to increase its credit portfolio. The company has intended to raise its credit portfolio to EGP 500 million serving around 60,000 clients by the end of 2019, in conjunction with the state plan to maximize financial inclusion for all SMEs.

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