Cairo – Beltone Holding (“Beltone” or “the Company”) has successfully completed its second capital increase, raising over EGP 10.5 billion with an extraordinary oversubscription rate of approximately 98%.
This milestone demonstrates the strong confidence that investors and the market have in the Company’s ability to execute its strategy, drive rapid growth, and strengthen its market position.
The majority of the subscription came from foreign investments, underscoring the confidence of international investors in Beltone and its sustainable growth strategy. Beltone leverages a data analytics-driven approach, led by an outstanding team, to execute a robust growth plan across all its platforms, with a strong focus on strategic expansion, artificial intelligence, and digital transformation.
The proceeds from this capital increase will be allocated across all company platforms to support Beltone’s growth strategy.
This includes expanding into high-growth markets, enhancing digital systems capabilities, broadening its portfolio of products and services, and attracting top talent to drive operational excellence and innovation.
In 2024, Beltone achieved exceptional financial results, with consolidated operating revenues reaching approximately EGP 7.2 billion, reflecting nearly fourfold growth compared to the previous year, while net profits surged to over EGP 1.7 billion, representing a 4.6-fold year-over-year growth rate.
This outstanding performance was driven by strong results across all company platforms, particularly the non-banking financial activities platform, which generated revenues exceeding EGP 5.8 billion with a growth rate of about sixfold, and the investment bank platform, which posted significant growth with revenues around EGP 1.3 billion at a 2.4-fold rate year-over-year.
Beltone Holding (Egyptian Stock Exchange Code: BTFH.CA) is a leading financial services provider with decades of achievements in the MENA region. The Company offers a comprehensive and growing range of financial solutions, including securities brokerage, underwriting and IPO coverage, asset management, research, direct investments, as well as non-banking finance services such as financial leasing, factoring, consumer finance, venture capital, microfinance, real estate financing, and SME financing.
Beltone’s ambitious vision aims to revolutionize the financial sector in the region by leveraging global expertise and deep domain knowledge, thereby creating innovative, value-added solutions that generate new opportunities for its clients, enhance market value, and deliver impactful results.
