- Beltone Holding reported operating revenues reaching a record of EGP 6.3B in 1H2025, up 115% YoY, driven by strong performance across core platforms.
- Net profit after tax and minority interest rose 60% YoY to EGP 1.3B, underscoring robust top- and bottom-line growth.
- Group’s total outstanding portfolio jumped 109% YoY to EGP 34.8B, fueled by lending expansion across NBFI segments.
Beltone Holding
Beltone Holding (EGX: BTFH.CA) has delivered another strong performance, closing the first half of 2025 with record-breaking numbers. The Cairo-based financial services group reported EGP 6.3 billion in operating revenues, more than double its haul during the same period last year. Net profits after tax and minority interest came in at EGP 1.3 billion, up 60% YoY.
The company’s total outstanding portfolio surged to EGP 34.8 billion, a 109% increase from 1H2024, reflecting rapid lending growth across its platforms.
“This outstanding performance was powered by the synergistic momentum of our core platforms, strong fundamentals, and our strategic and digital expansion. Both our Investment Bank and NBFIs platforms delivered formidable top and bottom-line growth, underscoring our ability to generate substantial value across diverse market segments.”
Dalia Khorshid, Group CEO and Managing Director.
NBFIs Drive the Bulk of Growth
Beltone’s Non-Banking Financial Institutions (NBFIs) platform contributed EGP 5.0 billion in operating revenue, up 111% YoY. Leasing and factoring revenues climbed to EGP 2.4 billion, while mortgage finance generated EGP 955 million. Cash microfinance stood out, posting a 181% YoY jump in revenues to EGP 400 million, alongside a 227% surge in its portfolio.
The group’s SME lending arm, launched in late 2024, also gained traction. It generated EGP 212 million in revenues and building a portfolio of EGP 1.4 billion.
Investment Banking Platform
The Investment Bank platform brought in EGP 1.1 billion in revenues, up 137% YoY. Advisory services were the main growth driver, with the investment banking division alone growing revenues by nearly 6x to EGP 582 million. Securities brokerage revenues rose 41% to EGP 474 million, supported by higher commissions and an expanding client base.
Beltone also maintained its position as Egypt’s largest non-bank affiliated asset manager, with AUM reaching EGP 27.3 billion.
What is Next for Beltone?
With triple-digit revenue growth and strong profitability, Beltone is positioning itself as a fully integrated financial powerhouse in Egypt and the wider MENA market.
“Beltone’s solid performance drivers, and the continued focus on our growth strategy will set the future foundation for delivering sustainable shareholder value,”
Dalia Khorshid, Group CEO and Managing Director
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