GB Capital oversees the operations of the group’s non-banking financial service providers, with the aim of offering financial solutions to all client categories. It is a platform for a diverse range of service providers, from major corporations and small and medium enterprises to retail clients and individuals eligible for micro credit. GB Capital’s strategy is to benchmark its operations against the best in the field while complying with the best practices of several financial institutions in the country.
GB Capital Business
Drive is one of the top three financial services companies in Egypt. With a focus on auto-finance, it offers factoring and car loans services, as well as a multitude of financial solutions for individuals and institutions.
Since its establishment, it has taken remarkable strides in market presence and carved out a place for itself in the very competitive automotive financing sector.
The company offers medium-term tenors and focuses on risk diversification by finance product types, client base, and brands.
GB Lease is GB Auto’s first financing venture and a non-banking financial leasing institution operating under the regulations of the Financial Regulatory Authority “FRA”.
Established in 2008, it has grown into a well-developed organization with a diversified lease asset base that covers all asset classes, including real estate, automotive, production lines, and others. GB Lease provides business to business financial leasing solutions, like: Direct Lease, which allows a specific asset for the lessee to be purchased through a supplier of the lessee’s choice. Sale and Lease Back, which is another option that allows the leasing company to purchase the asset from the lessee then lease it back to the lessee.
It is Egypt’s largest and fastest growing non-banking company for the unbanked. Founded in 2018, its roots trace back to 2010, and the company is headquartered in Cairo, Egypt. MNT-Halan was created to offer digital banking services to unbanked customers and exchange cash for electronic solutions. The company is distinguished by three main success factors, simplicity, security and efficiency in all transactions of digital payment solutions, mobile wallets and cards. The company applies the “BNPL” system, which makes it an unparalleled e-commerce platform with express mail delivery service.
GB Auto Rental is one of the market leaders in fleet leasing in Egypt and serves top-tier multinationals, financial institutions, as well as a multitude of private sector companies.
The company basically offers car rental services on a quasi-operational lease basis to companies in the market.
Its service agreements entail acquisition, registration, tire management, and maintenance of the vehicle, in addition to insurance that extends to third-party damage and passengers within the vehicle. Its other complementary services include fleet management reports.
Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, and auto loans or credit card debt obligations, and then selling their related cash flows to third-party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations. As a result, investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing.
Forsa is an easy-to-use mobile application that uses the BNPL concept – Buy Now, Pay Later – where customers/retailers can easily download the mobile application, apply for a line of credit and once approved they can purchase all their needs – both products and services – from Various merchants registered in the application through a very simple and efficient process. Forsa enjoys a unique position as a leader in the market, as it offers special opportunities that raise the standard of living for Egyptians, and enable them to purchase their needs, easier and faster way. Forsa backed by strong brand credibility: GB Capital and a strong flagship brand – GB Corp. with decades of market experience and operational knowledge.
“KAF” is an Egyptian insurance company licensed to provide life, savings and health insurance services to corporate and individual customers. The company was established in 2021, with GB Capital owning 37.5%, EFG Finance Group (37.5%), and Tokyo Marine 25%.
“KAF” introduces a new concept of insurance services based on “insurance that exists in its essence to give you psychological comfort; Knowing that when something bad happens, someone will be there for you and have your back, “This is our job.”
“Bedaya” was established in 2019 as a joint venture between EFG Hermes, GB Capital and Talaat Moustafa Group.“Bedaya” is the first non-banking mortgage company in Egypt to offer mortgage financing facilities. The Company has provided different financing solutions for those who are interested in owning residential, commercial or administrative properties in Egypt. In this respect, the company introduces diverse packages to meet the need and the capability of all market segments whether purchasing or renovating delivered properties.
