Egypt’s FRA launches digital factoring portal to curb financing risks
Egypt’s Financial Regulatory Authority (FRA) has launched a digital factoring system on its electronic portal in partnership with e-finance to prevent double financing risks and streamline oversight of the sector, the regulator said on Sunday. The first phase of the system allows factoring companies to conduct electronic inquiries into invoices to verify whether they have [...]The post Egypt’s FRA launches digital factoring portal to curb financing risks first appeared on Dailynewsegypt.
