Skip to main content

Signal in the noise.

Souhoola Plans EGP 1.2 Billion Securitization to Fuel Consumer Finance Growth

Souhoola is getting ready to securitize EGP 1.2 billion by 2026. This big move is all about boosting their consumer finance offerings and growing their loan portfolio to a huge EGP 9 billion, showing their commitment to sustainable expansion in the Egyptian market.

1 min read
Souhoola Plans EGP 1.2 Billion Securitization to Fuel Consumer Finance Growth

Souhoola Consumer Finance Company has announced its plans to carry out securitization operations worth EGP 1.2 billion during 2026. This is part of a strategy aimed at diversifying funding sources and boosting the company's ability to expand sustainably in the Egyptian market. Ahmed El-Shennawy, the company's CEO, confirmed that this securitization plan is part of a package of innovative financing tools. These tools are designed to improve capital cycle efficiency and increase lending rates, which will allow Souhoola to offer more flexible consumer finance solutions that adapt to changing market demand. El-Shennawy also explained that, alongside securitization, the company aims to grow its total financing volume to about EGP 9 billion by 2026. This is all part of a well-thought-out expansion strategy designed to boost their market share and solidify Souhoola's position as a key player in the consumer finance sector, while still committing to balanced growth rates and financial sustainability. This approach really shows the company's focus on using modern financial tools to support sustainable growth. It will enhance their competitive edge and allow them to respond more quickly to the evolving needs of customers in the Egyptian market. It also highlights Souhoola's role as a major player in developing consumer finance locally.

Related editorial

  • FRA Dispels Rumors: Non-Banking Financial Companies' Branches Remain Open

    The Market and The Economy

    FRA Dispels Rumors: Non-Banking Financial Companies' Branches Remain Open

    The Financial Regulatory Authority (FRA) has debunked recent social media rumors claiming the closure of non-banking financial company branches. The FRA clarified that the decision being circulated is an old one, dating back to October 2025, and specifically does not apply to the non-banking financial companies mentioned in the rumors. The authority assures the public that the sector is operating as usual.

    Jul 22, 20262 min read
  • Ahmed Ameer (Asphalt & Sinbad) Explains Egypt's Shift to Smarter Line Haul Pricing

    Startups and Entrepreneurship

    Ahmed Ameer (Asphalt & Sinbad) Explains Egypt's Shift to Smarter Line Haul Pricing

    Egypt's inter-city logistics market is undergoing a significant transformation in how 'Line Haul' services are priced. Entrepreneur Ahmed Ameer explains that the industry is moving away from older methods like per-invoice or per-bag pricing towards a more modern 'per-shipment' model. This exciting shift makes logistics services much easier to measure and scale, ultimately boosting operational efficiency and helping businesses manage their costs more effectively.

    Jul 21, 20262 min read
  • Bank NXT and EFG Hermes Launch Egypt's First Card to Blend Daily Spending with Investments

    Technology and Innovation

    Bank NXT and EFG Hermes Launch Egypt's First Card to Blend Daily Spending with Investments

    Bank NXT and EFG Hermes have teamed up to launch Egypt's first co-branded credit card. This innovative card, designed specifically for EFG Hermes ONE clients, uniquely brings together banking and securities brokerage services, offering a seamless financial experience that connects everyday spending with investment growth.

    Jul 21, 20263 min read