}

GlobalCorp Financial Services Group secures EGP 3B facility from QNB Egypt

Updated 5/13/2026 3:03:00 PM
GlobalCorp Financial Services Group secures EGP 3B facility from QNB Egypt

Arab Finance: GlobalCorp Financial Services Group obtained a combined EGP 3 billion credit facility from QNB Egypt to support its financial leasing and real estate financing operations in the Egyptian market, as per an emailed press release.

The financing package includes EGP 2 billion allocated to leasing activities across several sectors, while the remaining EGP 1 billion will be directed toward real estate financing.

The agreement reflects continued financing activity between banks and non-banking financial institutions in Egypt as companies seek additional funding to expand their operations and meet demand across different sectors of the economy.

QNB Egypt said the facility falls within QNB Group’s strategy to support economic sectors in the markets where it operates.

 

 

Related News