Cairo - Mubasher: Global Lease is currently negotiating with nine banks, as it seeks to obtain loans with a total value of EGP 1.55 billion, the compay’s CEO Hatem Samir told Mubasher.
The company is discussing the matter with CIB, HDB, ABK Al-Ahli, EAL, Arab Bank, Alex Bank, and the United Bank, as well as ABC, Attijariwafa, and NBAD.
Facilities range between EGP 65 million to EGP 200 million, the CEO added.
Global Lease received finances of around EGP 1 billion during the first eight months of the year, from six local banks, bringing the funds it received since its inception in 2015 to EGP 2.5 billion from a total of 14 banks.