Back to the complete issue
Wednesday, 6 October 2021

Banque Misr, NBE claim their slots in Bloomberg’s syndicated loans league table

Banque Misr was ranked as the top lead arranger for syndicated loans in Egypt in 9M2021, according to a Bloomberg league table, the bank said in a press release (pdf). Banque Misr concluded 27 syndicated loan transactions in 2021 with a total value of USD 4.12 bn, ranking as the fourth mandated lead arranger of syndicated loans in the MENA region.

The National Bank of Egypt (NBE) is also out with a statement on its 9M performance in the syndication market, saying in a press release (pdf) it was ranked third as facility agent, fourth as bookrunner and fifth as marketer of syndicated loans in MENA during the period. NBE closed 38 financing agreements for a total value of EGP 164 bn during the first nine months of 2021. Bloomberg has not made its most recent league table public.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.