Are You Concerned About Your Lending Business?

The Egyptian economy is going through a really tough time in the past couple of years, particularly since the Russian invasion of Ukraine pushed up grain prices. So you must be presumably worried because you have a lot of underbanked and unbanked people in Egypt. While your business is thrived by helping them with loans, presumably you're also concerned to make sure that that doesn't get out of balance. I think the one thing we focus on is while we're lending to underbanked, we're a regulated business and regulation here is important," he says.

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