{"id":592082,"date":"2019-12-25T04:24:28","date_gmt":"2019-12-25T04:24:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/sarwa-capital-changes-the-names-of-two-of-their-subsidiaries\/"},"modified":"2019-12-25T04:24:28","modified_gmt":"2019-12-25T04:24:28","slug":"sarwa-capital-changes-the-names-of-two-of-their-subsidiaries","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/sarwa-capital-changes-the-names-of-two-of-their-subsidiaries\/","title":{"rendered":"Sarwa Capital changes the names of two of their subsidiaries"},"content":{"rendered":"<p>Consumer and structured finance player Sarwa Capital is changing the commercial name of its 99.99%-owned subsidiary Plus Leasing to Contact Leasing, <a href=\"https:\/\/www.egx.com.eg\/downloads\/Bulletins\/237987_1.pdf\">according to an EGX disclosure (pdf)<\/a>. Sarwa is also changing its subsidiary Plus Factoring to Contact Factoring. The company owns 74.99% of Contact Factoring.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consumer and structured finance player Sarwa Capital is changing the commercial name of its 99.99%-owned subsidiary Plus Leasing to Contact Leasing, according to an EGX disclosure (pdf). Sarwa is also changing its subsidiary Plus Factoring to Contact Factoring. The company owns 74.99% of Contact Factoring.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,514,933,72,181],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592082","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-consumer-finance","tag-contact-financial","tag-enterpriseam","tag-insurance","wpautop","entry"],"acf":{"mongo_id":"6fb7b41d-eb0b-4a00-b28e-daabde909408","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[592056],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sarwa Capital changes the names of two of their subsidiaries - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/sarwa-capital-changes-the-names-of-two-of-their-subsidiaries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sarwa Capital changes the names of two of their subsidiaries\" \/>\n<meta property=\"og:description\" content=\"Consumer and structured finance player Sarwa Capital is changing the commercial name of its 99.99%-owned subsidiary Plus Leasing to Contact Leasing, according to an EGX disclosure (pdf). Sarwa is also changing its subsidiary Plus Factoring to Contact Factoring. The company owns 74.99% of Contact Factoring.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/sarwa-capital-changes-the-names-of-two-of-their-subsidiaries\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-25T04:24:28+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/sarwa-capital-changes-the-names-of-two-of-their-subsidiaries\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/sarwa-capital-changes-the-names-of-two-of-their-subsidiaries\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Sarwa Capital changes the names of two of their subsidiaries\",\"datePublished\":\"2019-12-25T04:24:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/sarwa-capital-changes-the-names-of-two-of-their-subsidiaries\/\"},\"wordCount\":54,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"consumer finance\",\"Contact Financial\",\"EnterpriseAM\",\"insurance\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/sarwa-capital-changes-the-names-of-two-of-their-subsidiaries\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/sarwa-capital-changes-the-names-of-two-of-their-subsidiaries\/\",\"name\":\"Sarwa Capital changes the names of two of their subsidiaries - 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The market regulator had issued a decision last month allowing the creation of these funds, which are dedicated to\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602902,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/09\/sarwa-capitals-plus-leasing-in-talks-for-egp-600-mn-loan\/","url_meta":{"origin":592082,"position":1},"title":"Sarwa Capital\u2019s Plus Leasing in talks for EGP 600 mn loan","author":"enterpriseam admin","date":"9 April 2019","format":false,"excerpt":"Sarwa Capital subsidiary Plus Leasing has begun talks with CIB, the National Bank of Egypt, and the Arab African International Bank for a EGP 600 mn loan as part of plans to boost liquidity to meet its clients\u2019 financing needs, company sources tell Al Mal. The company is looking to\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628651,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/09\/sarwa-capital-to-invest-egp-200-mn-to-establish-insurance-companies\/","url_meta":{"origin":592082,"position":2},"title":"Sarwa Capital to invest EGP 200 mn to establish insurance companies","author":"enterpriseam admin","date":"9 May 2018","format":false,"excerpt":"Sarwa Capital is planning to establish two separate life and insurance companies, each of which will have a capital of around EGP 100 mn, CEO Hazem Moussa tells Al Mal. Sarwa has received preliminary approval from the Financial Regulatory Authority for the planned companies, whose establishment is part of the\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566735,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/11\/gb-auto-gets-fra-nod-to-expand-consumer-finance-activities\/","url_meta":{"origin":592082,"position":3},"title":"GB Auto gets FRA nod to expand consumer finance activities","author":"enterpriseam admin","date":"11 July 2021","format":false,"excerpt":"GB Auto has landed final regulatory approval to launch new consumer finance activities for factoring arm Drive, according to a company statement (pdf). The nod from the Financial Regulatory Authority (FRA) will allow Drive to widen its activities beyond car finance into other market segments. Drive had received an initial\u2026","rel":"","context":"In &quot;SPEED ROUND: CONSUMER FINANCE&quot;","block_context":{"text":"SPEED ROUND: CONSUMER FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-consumer-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559724,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/sarwas-advisory-pipeline-includes-egp-10-bn-worth-of-sukuk\/","url_meta":{"origin":592082,"position":4},"title":"Sarwa\u2019s advisory pipeline includes EGP 10 bn worth of sukuk","author":"enterpriseam admin","date":"2 February 2021","format":false,"excerpt":"Sarwa Capital is quarterbacking at least three sukuk issuances this year with a combined value of more than EGP 10 bn, the local press reports, citing sources in the know. The consumer- and structure-finance player\u2019s sukuk issuance manager, Sarwa Sukuk Company, is currently working on an EGP 5.5 bn offering\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571724,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/sarwa-issues-egp-1-8-bn-of-securitized-bonds\/","url_meta":{"origin":592082,"position":5},"title":"Sarwa issues EGP 1.8 bn of securitized bonds","author":"enterpriseam admin","date":"21 May 2020","format":false,"excerpt":"DEBT WATCH- Sarwa closes two-tranche EGP 1.8 bn securitized bond issuance: Structured- and consumer-finance player Sarwa Capital has issued EGP 1.8 bn of securitized bonds on behalf of Contact Auto Credit and its subsidiaries, Hapi Journal reports. 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