Empowering the under banked and enabling financial inclusion in Egypt

About Ebtikar

In June 2017, B Investments jointly with MM Group for Industry and International Trade (MTI) and BPE Partners established Ebtikar Holding for Financial Investments (Ebtikar) as the designated vehicle to invest in the Non-Banking Financial Services sector (NBFS). Ebtikar’s objective is to invest in microfinance, electronic payments, leasing, mortgage, factoring, consumer finance and any other related NBFS.

Ebtikar is a full-fledged financial services holding company operating in some of the most underserved sectors in Egypt and contributing to the financial inclusion of the Egyptian people as well as aiding in the digitization of the Egyptian economy.

Ebtikar capitalizes on MTI’s large distribution network along with B Investments’ and BPE Partners’ strong financial expertise to drive the growth of the company and create synergies between its portfolio and affiliate companies by offering integrated products and services

To date, Ebtikar is one of the fastest growing NBFS platforms in Egypt with five investments in its portfolio and is currently considering other investment opportunities in the NBFS space. Ebtikar invested in Wasla as part of Ebtikar‘s new strategy of investing in Fintech startups that would add value to Ebtikar‘s platform and serve its ecosystem.

Shareholders

MTI was founded in 1996 with a clear vision towards becoming Egypt’s largest distributor and is currently a market leader in the local consumer electronics distribution and retail segment. MTI is a Joint Stock Company, formally incorporated in 1996, listed on the Egyptian Stock Exchange (Ticker: MTIE.CA). MTI is Egypt’s largest distribution network by geographic coverage leveraging on a longstanding distribution platform that spans 40,000+ points of sale, with both distribution and retail channels. MTI holds a diversified product portfolio with significant growth prospects through strong partnerships with leading global brands. MTI operates various business lines such as; telecommunication, consumer electronics, automotive, seamless pipes, and tractors.

Established in 2006, B Investments is an Egypt-based private equity firm and growth capital investor that pulls a wealth of expertise to actively create value in its portfolio companies.
The company’s portfolio investments include Madinet Nasr for Housing and Development (MNHD), TOTAL Egypt, Giza Systems, Ebtikar for Financial Investment, Infinity Solar Assets (3 solar power generating assets in Benban, Egypt), Beard and Gourmet Egypt.
B Investments is committed to unlocking value in companies through partnerships that will help create jobs and contribute to the growth of the Egyptian economy.

BPE Partners is a private equity firm established in 2006 with deep industry knowledge and backed by a strong team boasting more than 300 years of financial and operational expertise. BPE has made 22 portfolio company investments since inception (including 8 exits) and is currently invested in some of Egypt’s most promising sectors; Oil & Gas, Distribution, Healthcare, Real Estate, IT Services, Renewable Energy, Food & Beverages and Non-Banking Financial Services.

Board of Directors

Mr. Aladdin Saba

Chairman

Mr. Hazem Barakat

Board Member

Mrs. Mona Osman

Board Member

Dr. Ziad Bahaa El Din

Board Member

Mr. Karim Shehata

CEO

Mr. Wael El Mahgary

Board Member

Mr. Botir Arifdjanov

Board Member

Mr. Ayman El Dessouky

Vice Chairman

Mr. Khaled Mahmoud

Board Member

Mrs. Yasmin Ali

Board Member