Beltone Financial Holding announced that its wholly owned subsidiary, Beltone Capital, has inked a framework agreement with international information systems company, CRIF, to cooperate on ESG scoring, credit rating, data science, analytics, and business information, covering potential cooperation in Egypt and the MENA region, Invest-Gate reports.

Carlo Gherardi, Chairman and CEO of CRIF, commented: “We are delighted to be partnering with Beltone Capital. This is an important step for us in consolidating CRIF’s presence in the market, which will benefit from our global expertise in consumer finance and business information.

“Thanks to our Rating Agency and its knowledge of the SME segment, we will be able to provide support and value-added solutions tailored to the distinctive characteristics of the local market,” Gherardi added.

For his part, Ibrahim Safwat, CEO of Beltone Capital, commented: “Beltone Capital’s investment platforms rely on data-driven fundamentals and modern financial technologies. This partnership with CRIF is another step towards solidifying our plans in making sound investment decisions across various industries”.