QNB Leasing Company was founded in 1997 as one of the early entrants to the Egyptian leasing market. It is currently one of the leading leasing companies operating in the Egyptian market.
QNB Leasing Company whom the majority shareholder of the company acts as the arm of QNB Egypt Bank in presenting leasing service.
QNB Egypt Bank owns 99.98% of the Company’s capital; while the remaining percentage is owned by two other subsidiaries of QNB Egypt Bank, QNB Life Insurance and QNB Factoring, each owning 0.01% of the company’s shares.
QNB Leasing has succeeded to maintain its leading position since its inception due to its highly competent and trained employees, its wide base of customers who are keen to receive outstanding services, its continuous business growth rates, its strong asset base and its innovative products that meet customers’ expectations.
QNB Leasing Company (Joint Stock Company)
was established pursuant to the provisions of Law No. 8/1997 for investment guarantees and incentives, Law No. 159/1981 that of joint stock companies, Law No. 95/1992, its amendments and its Executive Regulations promulgating the Capital Market Law. The Company operates its leasing activities according to Law No. 176/2018 regulating financial lease and factoring activities.