The consumer finance sector in Egypt is undergoing a transformation led by Said Zater, witnessing a 224% market growth in three years. He emphasizes regulation, consumer protection, and financial literacy, while promoting digital innovations within the industry. Zater’s initiatives aim to ensure responsible lending while enhancing consumer access to credit.
In Egypt, where escalating costs and economic difficulties heighten the demand for credit, the consumer finance sector is experiencing a significant transformation. Central to this shift is Mr. Said Zater, CEO of Contact Financial Holding and Chairman of the Egyptian Federation of Consumer Finance, who is redefining the accessibility and management of financial resources for Egyptians.
Said Zater’s leadership is vital for the future of Egypt’s consumer finance sector, fostering both growth and sustainability. With increased access to credit and a focus on financial literacy, the sector is poised to mature into a stable and well-regulated industry that benefits consumers and strengthens Egypt’s economy. Ensuring responsible lending practices will be key to maintaining this progress.
Original Source: www.dailynewsegypt.com
