OLP’s second overseas joint venture leasing company is ORIX Leasing Egypt SAE. The company is a joint venture between ORIX Corporation, Japan, ORIX Leasing Pakistan Limited, International Finance Corporation, National Bank of Egypt and Commercial International Investment Company. OLE started operation in November 1997 with a paid up capital of 20 million Egyptian Pounds (Pak Rs. 300 million) and has established a good business base. The ORIX Group provides technical and managerial support to OLE.
The Egyptian economy is performing well and OLE is well placed to avail business opportunities which will increase as the leasing concept, new in Egypt, becomes more familiar. The company continues to focus on the needs of small and medium-sized business, which enables it to diversify risk and earn good spreads.
For further details please visit the ORIX Leasing Egypt SAE website.