FRA reports EGP384b in financing by April
ChatGPT said:
The Financial Regulatory Authority (FRA) announced that total financing provided by entities under its supervision reached 384 billion Egyptian pounds by the end of April 2025, according to its latest monthly report covering capital market and non-banking financial activities.
Breakdown of the financing includes:
-
180.6 billion Egyptian pounds in equity issuances
-
35.2 billion pounds in issuances of securities other than shares
-
52.1 billion pounds in financial leasing contracts
-
31.8 billion pounds in financing to micro, small, and medium-sized enterprises (SMEs)
-
22 billion pounds in consumer finance
-
48.7 billion pounds in factored securities
-
13.6 billion pounds in mortgage finance
The report also noted that the value of registered movable collateral declarations stood at 3.4 trillion pounds by the end of April 2025. Outstanding MSME financing balances amounted to 84.9 billion pounds.
Insurance sector
In the insurance sector, total premiums collected reached 38.4 billion pounds, while total claims paid stood at 18.4 billion pounds. Investments by private insurance funds reached 8.7 billion pounds.
Premiums collected from property and liability insurance amounted to 22.1 billion pounds, while life and fund formation insurance generated 16.3 billion pounds in premiums during the same month.
As for claims, 8.9 billion pounds were paid under property and liability insurance, and 9.5 billion pounds under life and fund formation insurance.
Attribution: Amwal Al Ghad English
Subediting: M. S. Salama