[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-112336-en":3,"doc-seo-112336-105":28,"detail-sidebar-cat-0-en-105":88},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":20,"language":21,"language_code":22,"site_id":23,"html_lang":22,"table_of_contents":24,"faqs":25,"seo_title":13,"seo_description":14,"update_tm":26,"read_time":27},112336,4398048949847,"Eliana","https://ap-avatar.wpscdn.com/avatar/400002536579ef2da7f?_k=1778318612642679267",8,"Research & Report","Egypt - Trade Finance Guarantees Approval on Absence-of-Objection Basis - 2026-6-12","This record documents an approval granted on an Absence-of-Objection Basis on Friday, June 12, 2026, concerning Egypt. The approval covers trade finance guarantees issued to HSBC Holdings plc (United Kingdom), Standard Chartered Bank (SCB) (United Kingdom), their subsidiaries and affiliates, and other potential lenders not yet identified. The Board of Directors endorsed the President’s proposal to issue guarantees up to US$313.5 million under the Trade Finance Guarantees framework for short-term trade loan facilities to National Bank of Egypt S.A.E (NBE), as described in the President’s memorandum and a related report.","Public Disclosure Authorized Public Disclosure Authorized  \nThe following item has been approved on an Absence-of-Objection Basis  \non Friday, June 12, 2026  \nEgypt  \nTrade Finance Guarantees to HSBC Holdings plc (HSBC) of the United Kingdom, Standard Chartered Bank (SCB) of the United Kingdom and/or any of their subsidiaries/affiliates and other potential lenders yet-to-be identified for their short-term trade loan facilities to National Bank of Egypt S.A.E (NBE)  \nThe Board of Directors concurred with on June 12 , 2026 the President’s proposal to issue guarantees of up to up to US$313.5 million to provide Trade Finance Guarantees (TFGs) under the TFG Framework Terms for short‑term trade loan facilities to theNBE, tobe provided by HSBC and SCB and/or any of their subsidiaries or affiliates, and/or other potential lenders yet-to-be identified (collectively, the Guarantee Holders or the GHs) as set out in the Memorandum from the President and a report entitled “ Egypt - Trade Finance Guarantees to HSBC Holdings plc (HSBC) of the United Kingdom, Standard Chartered Bank (SCB) of the United Kingdom and/or any of their subsidiaries/affiliates and other potential lenders yet-to-be identified for their shortterm trade loan facilities to National Bank of Egypt S.A.E (NBE)”(MIGA/R2026-0067;/1, dated June 2, 2026 and June 12 , 2026, respectively) .","cbCaijD4jtB3DJKB","https://ap.wps.com/l/cbCaijD4jtB3DJKB","pdf",107796,1,"English","en",105,"# Approval notice\n## Parties and coverage\n## Guarantee amount and framework","[{\"question\":\"What approval is recorded and on what basis and date was it granted?\",\"answer\":\"The record confirms approval on an Absence-of-Objection Basis granted on Friday, June 12, 2026.\"},{\"question\":\"Which lenders and entities are covered by the trade finance guarantees?\",\"answer\":\"The guarantees cover HSBC Holdings plc, Standard Chartered Bank (SCB), their subsidiaries/affiliates, and other potential lenders yet to be identified.\"},{\"question\":\"What is the maximum guarantee amount and the purpose of the guarantees?\",\"answer\":\"Up to US$313.5 million is approved to provide trade finance guarantees for short-term trade loan facilities to National Bank of Egypt S.A.E (NBE) under the TFG Framework Terms.\"}]",1784494439,3,{"code":4,"msg":29,"data":30},"ok",{"site_id":23,"language":22,"slug":31,"title":13,"keywords":32,"description":14,"schema_data":33,"social_meta":83,"head_meta":85,"extra_data":87,"updated_unix":26},"egypt-trade-finance-guarantees-approval-on-absence-of-objection-basis-2026-6-12","",{"@graph":34,"@context":82},[35,51,65],{"@type":36,"itemListElement":37},"BreadcrumbList",[38,42,46,48],{"item":39,"name":40,"@type":41,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":43,"name":44,"@type":41,"position":45},"https://docshare.wps.com/document/","Document",2,{"item":47,"name":12,"@type":41,"position":27},"https://docshare.wps.com/document/research-report/",{"item":49,"name":13,"@type":41,"position":50},"https://docshare.wps.com/document/egypt-trade-finance-guarantees-approval-on-absence-of-objection-basis-2026-6-12/112336/",4,{"url":49,"name":13,"@type":52,"author":53,"headline":13,"publisher":55,"fileFormat":58,"inLanguage":22,"description":14,"dateModified":59,"datePublished":59,"encodingFormat":58,"isAccessibleForFree":60,"interactionStatistic":61},"DigitalDocument",{"name":9,"@type":54},"Person",{"url":39,"name":56,"@type":57},"DocShare","Organization","application/pdf","2026-07-19",true,{"@type":62,"interactionType":63,"userInteractionCount":4},"InteractionCounter",{"@type":64},"ViewAction",{"@type":66,"mainEntity":67},"FAQPage",[68,74,78],{"name":69,"@type":70,"acceptedAnswer":71},"What approval is recorded and on what basis and date was it granted?","Question",{"text":72,"@type":73},"The record confirms approval on an Absence-of-Objection Basis granted on Friday, June 12, 2026.","Answer",{"name":75,"@type":70,"acceptedAnswer":76},"Which lenders and entities are covered by the trade finance guarantees?",{"text":77,"@type":73},"The guarantees cover HSBC Holdings plc, Standard Chartered Bank (SCB), their subsidiaries/affiliates, and other potential lenders yet to be identified.",{"name":79,"@type":70,"acceptedAnswer":80},"What is the maximum guarantee amount and the purpose of the guarantees?",{"text":81,"@type":73},"Up to US$313.5 million is approved to provide trade finance guarantees for short-term trade loan facilities to National Bank of Egypt S.A.E (NBE) under the TFG Framework 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