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EGX Stock Loans in Egypt

Stock loans (securities-backed financing) against shares listed on Egyptian Exchange (EGX) — for family offices, founders and controlling shareholders.

01 · Process
How it works

From enquiry to funding.

StageWhat happensTiming
01Confidential enquiryThe holding and the objective, shared under NDA through a secure channel.Day one
02Indicative termsStructure, sizing and indicative pricing returned against the position.1–2 days
03Structuring & documentationKYC, share and market review; terms formalised under institutional documentation alongside your counsel.1–2 weeks
04Custody & fundingPledged shares held at a qualified custodian; collateral secured and proceeds released.On completion
02 · The Market
Middle East & Africa

About Egyptian Exchange.

Egyptian Exchange is the principal cash-equity venue of Egypt. Founded in 1883, it operates under the oversight of Financial Regulatory Authority (FRA), and its leading benchmarks are EGX 30, EGX 70. Listing standards are set out in the EGX Listing Rules; Capital Market Law No. 95 of 1992.

EGX at a glance:

Listed venueEgyptian Exchange (EGX)
RegulatorFinancial Regulatory Authority (FRA)
CurrencyEGP
SettlementT+2
Disclosure threshold5%
Principal indicesEGX 30, EGX 70

Among the oldest exchanges in the Middle East and Africa, with origins in the 1880s. The principal North African venue, with active large-cap banking and industrial liquidity.

On EGX specifically, eligibility turns on where the name sits in the market’s liquidity. EGX 30 constituents — the large-cap banks, real-estate and industrial names that carry most of the exchange’s turnover — support the highest loan-to-value; EGX 70 mid-caps are financed more selectively and NILEX small-caps case by case. It is a useful marker that Egypt’s securities lending-and-borrowing activity concentrates on the most liquid, index-eligible large-caps and ETFs, so the market itself treats that top tier as its financeable core. Many of the largest names also trade as GDRs in London, which adds a reference price and a cross-border settlement route worth weighing on a facility.

03 · Eligibility
For Institutional Positions

What qualifies on EGX.

EGX is a growth market whose single-stock volatility, free-float distribution and (in places) foreign-ownership limits weigh heavily on eligibility.

For any given EGX position, our review looks at: free float and daily traded volume against the size of the transaction; your status (controlling shareholder, director, substantial shareholder) and the disclosure that follows; the issuer’s sector and listing segment; and what the transaction must do (LTV, tenor, currency, recourse, custody).

04 · Disclosure
FRA

Framework cited on EGX.

The principal regulatory reference on EGX is Disclosure of major holdings under the Capital Market Law No. 95 of 1992 and its Executive Regulations. How it applies to any single transaction — reporting levels, step thresholds — turns on the underlying rules and national-law overlays, which we map against your contemplated transaction at the structuring stage alongside the counsel you appoint.

The citations above are public regulatory references, given for orientation only and not as legal advice. Take independent legal advice in the relevant jurisdiction for any specific transaction.

See the full process →

05 · FAQ
EGX · Stock Loans

What holders ask about EGX.

01Which EGX-listed shares qualify for a stock loan?
As a rule, the more liquid the name, the cleaner the facility. EGX 30 large-caps support the highest loan-to-value; EGX 70 mid-caps and NILEX small-caps are taken more selectively. Egypt’s own securities lending activity concentrates on the most liquid, index-eligible names and ETFs, which is a fair read on where the depth sits. Black Haven quotes indicative terms only after reviewing the specific line — its free float, daily turnover, any lock-up, and whether a GDR trades alongside it.
02How much can I borrow against an EGX-listed holding?
The loan-to-value is set to the specific holding — free float, daily traded volume, volatility, and your regulatory standing. We quote indicative ratios only after reviewing the actual EGX position.
03Which EGX segments can I borrow against?
We look at each case across the segments Egyptian Exchange runs: Main Market; NILEX (SME market). Higher tiers are usually simpler to structure, as free float and liquidity are deeper.
04What currency can the facility be drawn in?
The default is EGP, the listing currency. Cross-currency structures are common and readily arranged.
05What is the settlement cycle on EGX?
Equities listed on Egyptian Exchange generally settle on T+2. We align the pledge and the drawdown mechanics to that cycle.
06What is the disclosure threshold on EGX?
The principal level is 5%, under Disclosure of major holdings under the Capital Market Law No. 95 of 1992 and its Executive Regulations. Crossing it triggers a notification; we map the exact thresholds to your holding.
07How long does an EGX stock loan take to arrange?
Indicative terms within one to two business days of an enquiry, with documentation and funding usually inside about three weeks, depending on custody onboarding and the size of the line.
06 · Other Venues
Egypt

Other venues.

Saudi Arabia · United Arab Emirates · Israel · South Africa · Qatar · Kuwait

Egypt overview →

A particular EGX holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.