Egypt’s non-bank financing surpasses EGP1 trillion – FRA

Since Mohamed Farid took over as FRA chairman in August 2022, total financing has risen 82.5 per cent, from 584 billion pounds at the end of 2022 to 1.1 trillion pounds during the January–October 2025 period, according to the FRA report.

The report detailed that equity issuances reached 553.4 billion pounds, up 41.6 per cent, leasing contracts totalled 139.9 billion pounds, up 58.2 per cent, and discounted paper rose to 102 billion pounds, up 82.4 per cent. Small, medium, and micro enterprise (SME) financing reached 85.9 billion pounds, up 11.9 per cent, while non-equity securities issuance surged 145.8 per cent to 77.2 billion pounds. Consumer finance amounted to 74.9 billion pounds, up 58 per cent, and real estate financing hit 32.5 billion pounds, up 55.5 per cent.

Movable collateral registrations jumped nearly 40 per cent to about 4 trillion pounds compared with the same period in 2024. SME financing balances rose to 93.8 billion pounds by the end of October, up 27.1 per cent from the previous year.

The FRA said the figures highlight the strength and sustainability of non-banking financial activities, underscoring the role of regulatory and legislative frameworks in supporting financing flows, promoting financial inclusion, and stimulating economic activity.