Founded in February 1997 under law no. 95, for 1995 for financial leasing Incolease is a pioneer in the financial leasing services industry in Egypt and has established itself as a market leader with an estimated 20% market share. Net leased assets amounted to EGP4.7 billion as at end of December 2015. Incolease provides financial leasing services all over Egypt which cover a diverse range of sectors. Incolease has been risk rated “A” by the Middle East Rating for Investors Services - MERIS (an affiliate of Moody’s Investors Services) and it has maintained this rating for 4 consecutive years. The company’s paid-in-capital has increased from EGP50 million to EGP200 million with net worth reached EGP510 million on Dec 2015. Incolease issued its first bond in 2009 for EGP200 million. Incolease has a strong and diversified shareholding structure, comprising mainly of 5 banks accounting for 61.07% of the company’s shareholding structure. -Societe Arabe Internationale Du Banque (SAIB) -Banque Misr -Faisal Islamic Bank of Egypt -Arab Investment Company -Misr Insurance -British Arab Commercial Bank (HSBC Group Member) -Misr Life Insurance Co. -National Investment Bank -Other Institutional Investor
