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Beltone Holding signs agreement to facilitate expansion in Africa

Beltone Holding signs agreement to facilitate expansion in Africa
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Beltone Holding
BTFH
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Cairo – Mubasher: Beltone Holding has entered into a multidimensional collaboration agreement with the BOA Group, the holding company managing the Sub-Saharan subsidiaries of Bank of Africa - BMCE Group.

The Egyptian company is mulling over boosting mutual growth and capitalising on product cross-selling opportunities in the African markets, according to a press release.

Earlier in February, Beltone Financial Holding changed its name to Beltone Holding.

The EGX-listed firm recorded a consolidated net profit of EGP 85.77 million during the first nine months (9M) of 2023, compared to a net loss of EGP 139.88 million in the same period a year earlier.