Egypt’s Financial Regulatory Authority (FRA) revealed in a recent report a list of the biggest leasing companies in the country in terms of market share in the January -November period.
Technolease for Financial Leasing was in the first place having a market share of 20.2 percent and a volume of leasing finances worth 48.1 billion Egyptian pounds, signing 2.6 thousands contracts.
Corporate Leasing Company – CORPLEASE was in the second place having a market share of 15.56 percent, while GB Lease, part of Ghabbour Auto Company, has maintained the third position with a market share of 8.35 percent.
Cairo Leasing Corporation ranked fourth with a share of 5.50 percent, then QNB AlAhli Leasing with a share of 5.36 percent.
Global Leasing Company was ranked sixth with 4.56 percent, followed by BM Leasing which ranked seventh with 4.11 percent market share.
Al Tawfeek Leasing Company came in the eighth position with a market share of 3.70 percent, then Al Ahly Leasing Company with a share of 3.51 percent.
In addition, International Co. for Leasing (Incolease) ranked tenth with a share of 3.36 percent
The real estate sector has captured the financial leasing contracts in the market with a share of 75.5 percent, then the transportation vehicle sector with a share of 7 percent, followed by thee production lines sector with a share of 4.9 percent.
