ArabFinance: Sarwa Capital Holding for Financial Investments' board of directors approved to change the company name to Contact Financial Holding, according to the companys January 27thstatement.
The board invited the extraordinary general meeting to discuss name change and amend the authorized capital according to the Financial Regulatory Authoritys resolution in 2020.
Sarwa Securitization, Sarwa Capital's subsidiary, has closed the latest issue of EGP 1.6 billion in securitization bonds.
Sarwa Capital offers financial solutions such as auto credit, insurance, and consumer finance.
The group also helps and structures debt transactions for companies that need to access debt capital markets to fund growth, manage risk, improve financial standing, and raise liquidity.
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