General

About Company
International Company for Leasing provides financial leasing services for businesses to obtain equipment.

Industry

Sector :

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Also Known As

Incolease

founded date

01.02.1997

Number of employees

Company Type

For Profit

IPO status

Private

Description

Founded in 1997, IncoLEASE is a market leader in Egypt's financial leasing industry, offering capital lease, residual payment, and step-up step-down programs for commercial vehicles, machinery, IT equipment, real estate, and more. The company has a diverse range of clients across various sectors and has been rated "A" by the Middle East Rating for Investors Services for four consecutive years. IncoLEASE has a strong and diversified shareholding structure, with five banks accounting for 61.07% of the company's shareholding structure. The company's paid-in-capital has increased from EGP50 million to EGP200 million, and it has issued its first bond in 2009 for EGP200 million.