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.
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