GB capital launches Kredit to finance SMEs in Egypt

By Nada Ali On Dec 26, 2023

GB Capital, a subsidiary of GB Corp., launched a new subsidiary, ‘Kreit’, to serve the financing needs of small and medium enterprises (SMEs) in Egypt, with an initial capital of 35 million Egyptian pounds.

Kredit is a groundbreaking lending company licensed by the Financial Regulatory Authority (FRA), as it offers comprehensive financial solutions that help in developing the Egyptian economy.

“The company focuses on entrepreneurs, green projects, manufacturers, exporters, and potential expansions for companies,” said Ahmed Imam, Managing Board Member of Kredit.

Ahmed Imam Egyptian Financial Regulatory Authority (FRA)Financial Regulatory Authority (FRA)GB Capital GB Corp green projects Kredit Manufacturers