Cairo – Mubasher: CI Capital Holding For Financial Investments announced that its 99%-owned subsidiary Souhoola received the Financial Regulatory Authority’s (FRA) licence to operate in the consumer finance sector in Egypt.
The licence allows Souhoola to provide its products to finance household goods, automotive, health, education, travel, and tourism services, according to a bourse disclosure on Wednesday.
Souhoola is currently serving about 30,000 customers in 11 governorates through 316 merchants.
