Targeting the Unbanked and the Underbanked Sectors
ACH has successfully launched Al Ahly Tamkeen as its microfinance arm and Al Ahly Momkn as its e-payment arm.
Snapshot of 2021
FUNDING SMALL PROJECTS WITH BIG IDEAS
The company leverages on its strong digital infrastructure that regulates its operations, and a distinct market presence that emphasizes high efficiency and strong support to its clients. Additionally, Al Ahly Tamkeen will witness quick expansion capitalizing on NBE's trusted name and huge network presence
Al Ahly Tamkeen will focus on creating additional loan channel across the company’s network, seeking collaborations with non-governmental organizations through which the company can offer its microfinancing solutions. The Company will aim to introduce female-centric programs that support and empower working women. It will also look into the provision of new, innovative products such as nano loans offered through online application software
Al Ahly Momkn will seek to expand its existing network and introduce new technological solutions by offering wide range of e-payment solutions targeting an inclusive payment gateway arm that expands the roster of services offered to clients.