“Commercial Papers” is one of the important financing tools in the global financial markets. It plays major role to provide cheap funding to large & medium sized corporations. However, and due to few legitimate obstacles, it is not active yet in Egypt.
Thus, ECRA in correlation with CIB, Meris and Sary El Din Law Office had launched a new initiative targeting to re-present it to the market, and to cooperate with all stakeholders to remove all related barriers.