Sarwa Securitization, Contact Financial Holding Subsidiary, Solidifies Its Market Leadership with EGP 1.312 Bn 46th Securitization Bond Issuance Closed in Q3 2025
Cairo, October 1st, 2025 – FinTech Gate: Mostafa Eid
«Sarwa Securitization», the debt capital markets arm of «Contact Financial Holding», has successfully closed its forty-sixth securitization bond issuance valued at EGP 1.312 billion in Q3 2025. This milestone reinforces its ongoing strategy and leadership position, building on its first securitization issuance since 2005.
46th Bond Issuance Backed by Strong Consumer Finance Portfolio
The issuance was supported by consumer finance portfolios generated by Contact Credit, subsidiaries, and sister companies. MERIS (Middle East Ratings and Investors Service) awarded strong credit ratings of AA+, AA, and A across three tranches, with maturities ranging from 13 to 60 months.
High-Rated Underwriting Portfolio
The underwriting portfolio, valued at approximately EGP 1.940 billion, received an A- rating. This is among the highest ever assigned to consumer finance portfolios guaranteeing securitization bonds in Egypt. It demonstrates the strength of Contact’s diversified portfolios and the market’s confidence in the group’s creditworthiness.
Role of Contact Financial Holding in the Issuance
«Contact Financial Holding» acted as issuance manager, promoter, and underwriter. The issuance was underwritten and subscribed by leading banking and non-banking financial institutions. Major participants included Commercial International Bank (CIB), Arab African International Bank, CI Capital, and Arab Banking Corporation (Bank ABC – Egypt). CIB also served as custodian and placement agent. Legal counsel was provided by Ali El Din Weshahy (ALC), and KPMG acted as financial auditor.
Total Securitizations and Market Impact
Including this issuance, Sarwa Securitization has arranged a total of approximately EGP 35.3 billion in securitizations. Portfolios span auto and consumer finance. Additionally, the company completed 10 separate issuances backed by real estate portfolios from leading Egyptian developers.
CEO Comment on Market Confidence
John Saad, CEO of Contact Financial Holding, stated: “The successful completion of our forty-sixth securitization bond issuance reflects the market’s confidence in our credit portfolios and affirms our leading position in Egypt’s debt capital market. The strong demand from both banking and non-banking institutions highlights the robustness of our consumer finance portfolios.”
Strategic Expansion in Debt Capital Markets
Through Sarwa Securitization and Sarwa Sukuk, Contact Financial Holding continues to solidify its position as a key player in Egypt’s DCM. The group plans further issuances across securitization, sukuk, and other capital market instruments. This strategy aims to deliver innovative financial solutions, foster long-term investor confidence, and create sustainable economic value.
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