Souhoola Secures EGP 585M Securitisation, Fuelling Egyptian Consumer Finance Growth

Editorial Team

Last updated 16-12-2025

3 min

BM Consumer Finance’s Souhoola completed a securitisation deal valued at EGP 585 million.

CI Capital and CIB managed multiple roles, including financial advising and issuance management.

The issuance split into three tranches, with ratings from Prime 1 to A.

The deal bolsters Souhoola’s funding diversity and supports its expansion strategy.

It aligns with Egyptian guidelines, as demonstrated by their significant profit and growth figures.

BM Consumer Finance’s Souhoola has wrapped up its second securitisation deal, coming in at EGP 585 million, with a transferred portfolio worth EGP 732 million. CI Capital and CIB took on the heavy lifting as financial advisers, arrangers, bookrunners and issuance managers. Quite a mouthful of roles, but spot on for a deal of this size.

The issuance was split into three tranches. The first, at EGP 390 million with a 12‑month tenor, secured a Prime 1 rating from MERIS. The second reached EGP 150 million over 24 months and was rated A+. The final tranche, EGP 44.5 million for 36 months, received an A rating. Clean structure, no frills.

Souhoola’s CEO Ahmed El-Shanawany said the successful closing showed the strength of the company’s credit portfolio and its growing credibility with investors. He framed the deal as part of a broader push to diversify funding, support expansion, and boost financial inclusion—something we talk about a lot at Arageek when we’re out meeting early-stage founders trying to crack their first funding hurdles. I reckon this kind of structured finance still feels like a bit of a faff to many young startups, but watching established players like Souhoola use it to scale does offer a useful reminder of what’s possible down the line.

CFO Fady Elias added that the securitisation fits neatly into Souhoola’s plan to build a balanced financing structure and make better use of capital in line with Egyptian FRA guidelines. According to him, profits in Q3 2025 jumped fivefold from last year, with the balance sheet growing 64.6 percent since the end of 2024. Even the client portfolio saw a 71 percent rise. That said, rapid growth always brings its own risks—you know?—but the company seems confident in its model.

CI Capital described the deal as another milestone in Souhoola’s EGP 3.5 billion three‑year programme. CEO Amr Helal said the move reinforced the group’s position in the financial services market and credited the team handling the debt capital markets work. On the flip side, what caught my attention was how this reflects a wider trend: more financing companies pushing ahead with repeated debt issuances. Mohamed Abbas, who heads DCM at CI Capital, noted that this signals growing trust from non‑bank financial institutions and a deeper commitment to diversifying funding.

Baker Tilly handled the financial auditing, while Alieldean Weshahi & Partners served as legal adviser for the issuance. All in all, it’s another sign of how Egypt’s consumer finance space continues to heat up—sometimes so fast it’s almost hard to keep track, but I’m still chuffed to bits to see more structured deals flowing through the pipeline, even if the paperwork is definately enough to scare off the uninitiated.

🚀 Got exciting news to share?

If you're a startup founder, VC, or PR agency with big updates—funding rounds, product launches 📢, or company milestones 🎉 — AraGeek English wants to hear from you!