Summary of Proposed Investment
Project Number
10221
Company Name
Orix Leasing Egypt S.A.E.
Date SPI Disclosed
Aug 18, 2000
Country
Egypt, Arab Republic of
Industry
Financial Markets
Projected Board Date
Sep 21, 2000
Status
Completed
Sector
Leasing Services
Department
Global Industry, Financial Markets
Environmental Category
FI
Previous Events
Approved : Sep 26, 2000
Signed : Jul 1, 2001
Invested : Jun 26, 2002
Project Description
Orix Leasing Egypt, one of three general purpose leasing companies, was incorporated in 1997 to provide medium term financing to small and medium enterprises.
This project is expected to have a high developmental impact in Egypt by i) providing OLE with term finance not readily available in the local market; ii) providing SMEs with increased access to finance thus supporting SME growth and boosting job creation, and iii) promoting industry growth and increased competition in the financial sector.
This project is expected to have a high developmental impact in Egypt by i) providing OLE with term finance not readily available in the local market; ii) providing SMEs with increased access to finance thus supporting SME growth and boosting job creation, and iii) promoting industry growth and increased competition in the financial sector.
Sponsor / Cost / Location
Development Impact
Related ESRS/ERS
Contacts
For Inquiries About the Project, Contact
Mr. Saeed Reza
Managing Director
ORIX Leasing Egypt, SAE
4th Floor, Cairo Center Building
2 Abdel Kader Hamza Street
Garden City, Cairo 11461
Arab Republic of Egypt