Contact Financial Holdings Of Egypt Launches Green Finance

According to a recent release, Contact Financial Holdings launches the latest product “Green Finance”, which promotes sustainability amid climate change impacts on the planet.

Green Finance is a shift in financing. It features monthly and quarterly payment systems that reflect Contact’s view of agricultural activity as well as its cash flow cycle.

The product’s environmental impact is a “green economic activity” that can be used to promote sustainable development.

Green Finance offers installments for multiple assets, such as solar panels, greenhouses, irrigation systems, and developing projects of trench plantings among others.

Managing Director of Contact Finance Tamer Samir said: “The company is striving to launch products to achieve sustainability, and this direction is not a new thing to Contact, as we have always sought to achieve all that is beneficial to the welfare to our customers, and green financing, in particular, is an important and necessary step towards transforming the company’s business towards a greener future.”

Said Zater, the CEO of Contact Financial Holding, stated that Contact will be focusing on sustainability in the future and how to do it through new green products.

Contact Financial Holding, a leader in non-bank financial services and solutions, manages a number of companies that offer a wide range of insurance and financing products and services.