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Egypt: Sarwa Securitization closes $27.2mln bond backed by Contact portfolios
['Staff Writer']
Zawya.com - All Regional News
Arab Finance: Sarwa Securitization, the debt capital markets arm of Contact Financial Holding, has completed its forty-sixth securitization bond issuance, continuing its role as Egypt’s first securitization issuer since 2005, as per an emailed press release.
The issuance, backed by consumer finance portfolios generated by Contact Credit, its subsidiaries, and sister companies, totaled EGP 1.312 billion in the third quarter (Q3) of 2025.
With this transaction, the total value of securitizations arranged through Sarwa Securitization has reached about EGP 35.3 billion.
These issuances are backed by Contact’s portfolios in auto and consumer finance, along with 10 separate issuances supported by real estate portfolios from Egyptian developers.
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