As part of its expansion plan, Contact Financial Holding has opened “Mini Contact” branches in Greater Cairo and a number of governorates, in addition to offering new financing services to the public.
The company aims this December to open 13 small consumer finance branches to reach 25 branches.
In addition, the company is now dealing with the public through 34 main branches throughout the Republic, in addition to new branches that were opened within clubs, such as the branches of the Zohoor Club in both the 5th Settlement and Nasr City.
The expansion strategy in Cairo and the governorates aims to reach customers wishing to finance their purchases, whether consumer, cars or transport vehicles, in addition to insurance services, real estate financing and finishing financing, in addition to opening channels of cooperation and working with local suppliers and merchants to increase the percentage of sales in addition to easing the financial burden for many Egyptian families through the financing and installment systems offered by the group for various non-bank financial products and services.
Saeed Zaatar, Group CEO, indicated that the expansion plan came as a result of the high demand for financial services, and the confidence of consumers in Contact, which has been working in the field of consumer finance for nearly 20 years.
He added that work is in full swing to provide these services to all Egyptians in all governorates of Egypt, by opening new branches and focusing on delivering all services to the governorates without the need to move between governorates.
Contact has launched new financing services to keep pace with the increasing demand for financing. The first of these services is education financing, which helps parents and students to pay tuition fees in installments for all universities, schools and institutes in Egypt, up to a maximum of EGP 1m. The product contributes to alleviating the financial burden on students and parents by dividing the expenses of the school year over a maximum of 12 months.
With regard to medical services, Contact has introduced a financing service for medical services through the instalment of medical costs – which contributes to alleviating the financial burden on many in this vital and important field in the lives of Egyptians.
As for the field of travel and tourism, Contact has launched a financing service that helps those wishing to travel and tourism pay in instalments the costs of internal and external tourism trips in cooperation with selected travel and tourism companies to provide the best tourism offers that suit everyone.