Egypt Auto Finance Market is expected to grow at a CAGR of ~11% between 2023F - 2027F

Egypt Automotive Finance Market is in the growing stage, being driven digital advancement, smart contracts, digital Financing and positive covid-19 impacts and government policies. There are several players in the Egypt auto finance market some of which are QNB Alahli Leasing, Global Corp, Banque Misr, ADIB, AI Bank, Al Baraka etc.

Financial Penetration is anticipated to increase, while share of down payment will continue to decline backed by improvement in financial access and better offerings by financial institutions

Several fin-tech start-ups are also projected to enter the landscape which could pose a threat to conventional finance companies and banks. These start-ups would commonly work towards developing products to develop the digitalization of the banking sector.
Banks and Captives are focused to develop their share in the used cars segment; also new NBFCs are expected to enter the competitive landscape to cater to the growing requirement of vehicle financing in the country.