As part of its strategic plan to enhance its performance and diversify its funding sources, Global Corp for Mortgage Finance (Olin), a subsidiary of Global Corp Financial Group, a leading non-banking financial services company, announced the signing of cooperation agreements with 14 banks. These agreements resulted in securing financing worth nearly EGP 4.2 billion over the course of a year, enhancing the company's ability to meet the growing needs of its clients in the Egyptian mortgage finance market. The company also contributed EGP 3 million to the capital of the Egyptian Mortgage Refinance Company, enabling it to obtain an additional financing of EGP 900 million, in support of its strategy to diversify funding sources and strengthen its financial position .

Global Corp Real Estate Finance (Olin) has embarked on implementing a comprehensive development strategy based on five main pillars. The plan includes developing operational policies and corporate structures by establishing a flexible credit policy that aligns with market requirements, developing operational procedures to ensure efficiency and speed of performance while clearly defining powers and responsibilities, and designing a modern organizational structure that supports achieving the highest levels of corporate performance .

The company's efforts have been reflected in strong financial indicators, with its real estate financing portfolio reaching EGP 3.8 billion during the first twelve months of operation, and the number of real estate financing clients reaching 1,850 . The company also increased its capital by EGP 75 million, bringing it to EGP 325 million, reflecting the strength of its financial position and the expansion of its market activity .

In this context, Mr. Hatem Samir, Co-Founder and CEO of Global Corp Group, emphasized: “The results we have achieved over the past months confirm that investing in technology, human capital, and building a strong network of partnerships is the path to achieving sustainable leadership. He explained that the company is keen to implement its first real estate financing securitization transaction in the coming period, which will significantly support the diversification of funding sources and strengthen our financial position .”

For his part, Mohamed Abdel Wahab, CEO of Global Corp Real Estate Finance (Olin), stated: “The company is working according to a well-thought-out plan aimed at growing the size of its real estate financing portfolio and enhancing our financing capabilities by building a strong network of partnerships with banking institutions and various financing entities. What has been achieved over the past twelve months reflects our serious commitment to implementing our expansion strategy on strong and sustainable foundations. He emphasized the importance of diversifying investment opportunities and financing sources as a fundamental pillar to support our financial stability and enable us to meet the growing demand for real estate financing solutions .”

The company also invests in an integrated and specialized technology system to manage real estate financing operations, ensuring data accuracy and transaction processing speed, thus supporting a complete digital transformation.

Mr. Abdul Wahab added, "In a short period of time, we have been able to achieve tangible results thanks to our integrated institutional work and well-thought-out expansion plan. We are focusing on smart expansion through technology and strategic alliances to ensure sustainable growth and deliver added value to our customers and partners."

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