Cairo, August 07, 2024: Beltone Holding (“Beltone”), one of the fastest-growing financial institutions, announces that it has officially obtained the Financial Regulatory Authority’s final approval for its Small and Medium Enterprises (“SMEs”) finance license. This significant milestone highlight’s Beltone’s trajectory of serving the needs and the growing demand of SMEs in Egypt and the region. The SME finance license compliments Beltone’s offerings in becoming a fully-fledged Non-Banking Financial Institutions Platform.

Ashraf Abdel Fattah, CEO of Beltone SMEs, emphasized, “We are dedicated to providing innovative and tailored financing solutions to meet the needs of SMEs, which are the backbone of our economy, across diverse industries. Through prioritizing client-centricity and innovation, we empower SMEs to thrive in today’s dynamic market conditions. Our aim is to serve as a catalyst for SME growth and development, by equipping them with financial tools and resources to achieve their business objectives.”