MBH Advised Tamweely Microfinance On EGP 5 Billion Securitization Program Launch

MBH advised Tamweely Microfinance on the launch of its EGP 5 billion securitization program, including a first issuance of EGP 782 million under Al Ahly for Securitization’s fifth program, aiming to boost microfinance sector growth.

Update: 2024-11-20 11:30 GMT

MBH Advised Tamweely Microfinance on EGP 5 Billion Securitization Program Launch

Matouk Bassiouny & Hennawy (MBH)
served as legal counsel to Tamweely Microfinance on its launch of a groundbreaking EGP 5 billion securitization program. As part of this initiative, Tamweely also completed its first issuance, amounting to EGP 782 million, under Al Ahly for Securitization’s fifth securitization program. The company anticipates that this move will foster significant growth in the microfinance sector.

The MBH team was led by Partner Mohamed Abdel Fattah, Head of Capital Markets, and Partner Imane Raouf. The team also included Senior Associates Khaled Abdul Wahab and Esraa Mohamed, as well as Associates Abdelrheem Ashraf and Habiba El Naggar.

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