Beltone Mortgage acquires 22.25% market share in H1 2024

Updated 7/28/2024 11:04:00 AM
Beltone Mortgage acquires 22.25% market share in H1 2024

Arab Finance: Beltone Holding’s wholly-owned subsidiary Beltone Mortgage has acquired a 22.25% market share of the mortgage sector during the first half (H1) of 2024, as per a statement on July 28th.

The company has achieved this by providing efficient and seamless financing solutions for home purchases.

This came within the framework of Beltone’s strategy to boost its non-banking financial services, meeting the high domestic demand for real estate finance, and allowing clients to acquire residential, commercial, and administrative units.

“We aim to solidify our leadership in the real estate mortgage sector by strategically investing in our workforce, developing technology, building long-term partnerships, and enhancing operational excellence across the board,” CEO of Beltone Mortgage Hassan Abdelnabi said.

“We are also targeting streamlining our processes via our website and mobile application to assist our customers in making optimal investments aligned with their financial goals and cash flow,” he added.

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