FRA’s reports revealed that total funding allocated through capital market and non-bank financial activities reached EGP 85.4 billion by the end of November 2024, as follows:<\/p>\n
\u2022 EGP 44.3 billion Stock Issuances<\/p>\n
\u2022 EGP 2.8 billion other issuances<\/p>\n
\u2022 EGP 13.7 billion Financial leasing contracts<\/p>\n
\u2022 EGP 8.7 billion funding provided for MSMEs<\/p>\n
\u2022 EGP 7.6 billion consumer finance<\/p>\n
\u2022 EGP 7.2 billion factoring activity<\/p>\n
\u2022 EGP 1.1 billion real estate finance<\/p>\n
\u2022 EGP 2.9 trillion is the value of movable assets registered at Egyptian Collaterals Registry by the end of November 2024.
\n\u2022 MSMEs funding balances reached EGP 75.4 billion
\n\u2022 Insurance premiums had amassed a total of EGP 7.8 billion by the end of November 2024.
\n\u2022 Compensations paid by the insurance sector reached EGP 4.1 billion during the same period.
\n\u2022 Private insurance funds\u2019 Investments reached EGP 2.2 billion by November 2024.<\/p>\n
The latest reports issued by the Financial Regulatory Authority by the end of November 2024 regarding the insurance sector showed that the total value of insurance premiums amounted to EGP 7.8 billion. Property and liability insurance premiums amounted to EGP 4.1 billion and premiums of life insurance amounted to EGP 3.7 billion by the end of November 2024.
\nMoreover, compensations value reached EGP 4.1 billion, distributed as follows: compensations of property insurance amounted to 1.8 billion and compensations of life insurance reached EGP 2.3 billion.
\nIt is worth mentioning that :
\n\u2022 Property and liability insurance safeguards physical belongings, like houses, cars, businesses, and other valuables, from damage or loss caused by events like fire, theft or natural disasters.
\n\u2022 Personal insurance and wealth formation encompass various types of insurance, including life insurance, death insurance, accident insurance and other forms of coverage.<\/p>\n","protected":false},"author":94,"featured_media":13949869,"parent":0,"template":"","format":"standard","categories":[142,144],"tags":[],"fra_news_taxonomy":[2137,2138],"news_paper_taxonomy":[],"_links":{"self":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news\/13950292"}],"collection":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news"}],"about":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/types\/fra_news"}],"author":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/users\/94"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media\/13949869"}],"wp:attachment":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media?parent=13950292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/categories?post=13950292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/tags?post=13950292"},{"taxonomy":"fra_news_taxonomy","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news_taxonomy?post=13950292"},{"taxonomy":"news_paper_taxonomy","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/news_paper_taxonomy?post=13950292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}