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FINANCIAL NEWS
Egypt-GB Lease gets 16.4pct market share in Jan
22 Mar 2017
(MENAFN) GB Lease acquired a market share of 16.4 percent in Jan this year, with funds of EGP271.16mn compared to EGP128.36mn in Jan last year.
Accordingly, the firm ranked third amid leasing firms operating in the Egyptian market, with 144 deals and funds of EGP2.3bn in 2016.
Additionally, the company aims to expand in the Egyptian market amid the recent period through offering adequate funding for many vital sectors that help the Egyptian economy.
The regional leasing would achieve more increase in the coming period due to the fast spread of a financial leasing culture, while the market posted a total of 2.325 deals at EGP21.5bn.
MENAFN2203201700450000ID1095334088
MENAFN2203201700450000ID1095334088
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