- Catalyst Partners secures USD 12.5M in banking facilities from Egyptian banks, with plans to expand funding to EGP 1.2B.
- The company targets growth by diversifying funding, offering leasing and factoring solutions, and supporting medium and large businesses’ financing needs.
- Egypt’s non-banking finance sector expands amid government policies boosting private sector access, with Catalyst aiming to strengthen competitiveness and innovation.
Catalyst
Egypt’s Catalyst Leasing & Factoring, subsidiary of Catalyst Partners Middle East, secured new banking facilities worth approximately USD 12.5 million (EGP 600M) from a group of banks. This includes Abu Dhabi Commercial Bank Egypt, Suez Canal Bank, and the National Bank of Egypt.
The company aims to raise the value of these new banking facilities to around EGP 1.2 billion by the end of 2025. This is part of its expansion strategy to strengthen its business portfolio in the local market.
Established in 2013, Catalyst Partners is an investment and financial services firm in the Middle East. It handles investment banking services, private equity investment and nonbanking financial services (NBFIs) through subsidiaries. Moreover,Catalyst Leasing & Factoring is a subsidiary of Catalyst Partners Middle East, which handles their NBFI arm.
Non Banking Financial Services
The company’s management explains that this move is part of its strategy to diversify its funding sources. In addition to enhancing its ability to meet the needs of large and medium sized companies. Moreover, it aims to accomplish this through financing solutions that include leasing and factoring. Thai is because they represent key drivers for the growth of Egypt’s NBFI sector.
Additionally, it aims to use the new facilities to boost its competitiveness within the sector by expanding its operations. To support this, it also aims to develop tailored financing products for various industries. Ultimately, with this it aims to support its role in financing investment and production projects that stimulate economic activity.
This comes amid the NBFI services sector witnessing significant growth. This is because of the support of government policies seeking to broaden access to financing for the private sector. This is because tools such as leasing and factoring are becoming increasingly important in providing liquidity to companies and reducing reliance on traditional bank lending.
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