Al Ahly Leasing & Factoring Company, NBE Subsidiary

Al Ahly Leasing and Factoring Company “ALC” is a joint stock Company, established by the National Bank of Egypt (NBE) in June 2011 under the Law no. 159 of 1981 with an authorized capital of 500 Million Egyptian Pounds and issued Capital of 50 Million Egyptian Pounds. In August 2017, the paid-up capital was increased to reach 300 Million Egyptian pounds. ALC is playing an instrumental role in the development of the leasing sector and the growth of the factoring business in Egypt, through offering a wide range of innovative and flexible leasing and factoring solutions needed for the management of their liquidity requirements. ALC offers a wide range of flexible Leasing and Factoring solutions needed for the management of the liquidity requirements of its client’s business with a tenor corresponding to their cash flow requirement’s. At ALC, we invest in the development of our team members, through offering training programs specifically tailored to suit their career development in addition to benefit schemes tailored to satisfy their needs. ALC is committed to provide the best work environment and attracting, developing, and retaining talents.