Beltone Holding, recognized as one of the fastest-growing financial institutions, has officially secured the Financial Regulatory Authority’s final approval for its Small and Medium Enterprises (“SMEs”) finance license, Invest-Gate reports.

This significant achievement underscores Beltone’s commitment to catering to the evolving needs and increasing demand of SMEs in Egypt and the wider region. The SME finance license complements Beltone’s offerings as it transitions into a comprehensive Non-Banking Financial Institutions Platform.

Ashraf Abdel Fattah, CEO of Beltone SMEs, underscored, “We are steadfast in our dedication to delivering innovative and customized financing solutions tailored to meet the diverse needs of SMEs, the backbone of our economy, across various sectors. By placing a strong emphasis on client-centricity and innovation, we enable SMEs to flourish amidst today’s dynamic market landscape. Our primary goal is to act as a catalyst for SME growth and development, equipping them with the financial tools and resources necessary to achieve their business objectives.”