الرئيس التنفيذي لشركة كوارا للتمويل السعودية لـ CNBC عربية:   قدمنا 700 مليون ريال تمويلات في 2022 ونتطلع إلى المزيد - video Dailymotion

CNBCArabia

Watch الرئيس التنفيذي لشركة كوارا للتمويل السعودية لـ CNBC عربية:   قدمنا 700 مليون ريال تمويلات في 2022 ونتطلع إلى المزيد - CNBCArabia on Dailymotion

Transcript

00:00 Let's start with this proposal, which is more than 8% of the company's shares.

00:07 What are the reasons for the market and what is the target of the proposal?

00:14 We see that the proposal for the general writing is a very important step.

00:24 It is a milestone for many companies.

00:30 Despite the success of Kuwara in its journey since its establishment in 2009,

00:35 it is natural to propose the company's shares at this stage.

00:43 It is a fundamental part of our strategy based on sustainable growth

00:48 and to enhance our presence in the Saudi market.

00:52 Is the 8% of the company's shares worth increasing?

00:58 Or will it be enough at the first stage?

01:02 It will be enough at the first stage.

01:07 Hopefully, the future is bright.

01:10 What about the targeted companies?

01:13 We are targeting a large number of investors.

01:19 But we are targeting the investors in the financial, digital, security and commercial sectors.

01:29 They do not want to miss the opportunity of Kuwara's success and sustainable growth.

01:36 We know that there is a big competition between banks and financial institutions.

01:48 Which sectors are targeted by Kuwara?

01:54 Or which sectors are most in demand?

01:59 We have many sectors that have been targeted by Kuwara.

02:12 We are focusing on supporting the sectors, and the most important is their rapid growth.

02:19 We are also focusing on supporting the sectors that are targeted by RU2030,

02:25 and the government programs that are targeted by the government,

02:29 such as the Kefala program and other sectors.

02:32 How much funding have you provided so far?

02:41 We have provided more than 700 million Riyals last year.

02:47 Do you expect to increase the amount of funding this year?

02:52 The results are good.

02:56 According to the results of the first half of 2023,

03:03 we will see a growth and financial stability at the end of the year.

03:11 We will see new products and funding for sectors that have not been provided by Kuwara.

03:27 We have many products that are in development.

03:33 The main element of these products is that they are digital products

03:40 and support different sectors, whether for institutions or individuals.

03:44 We will soon see the opportunity to launch them in the markets.

03:48 How much funding are you providing for the institutions?

03:55 What are the conditions for providing this funding?

04:01 We have a minimum funding of 15 million Riyals,

04:11 and for individuals, it is 100,000 Riyals.

04:15 We are also working to balance the funding of the needs of the client,

04:32 his current and future needs, and the ease of his financial commitments.

04:39 We always aim to be a bridge between the client and his goals through funding.

04:44 Our policy of trust depends on the demand, the sector,

04:49 the time and the needs of the client.

04:53 It is studied from one case to another.

04:56 But, thank God, we have used technology extensively.

04:59 I was not surprised to study some of the demands for weeks.

05:04 Thank God, we have a lot of financial solutions.

05:09 What about the market share of Saudi finance?

05:14 Will it remain within the Saudi market,

05:17 or is there a strategic plan to move to other markets?

05:22 We hope to be the leading company in the finance sector,

05:32 in terms of speed, technology and high security.

05:38 Thank God, we have grown over the past few years.

05:44 We are focusing on our clients in the Kingdom of Saudi Arabia,

05:49 in all areas.

05:51 We have expanded and spread in the Kingdom.

05:55 We are continuing to do so.

05:57 We are not focusing on the clients in the neighboring countries.

06:04 We wish you all the best, Mr. Faisal Al-Sheikh,

06:08 CEO of Quara Finance.

06:10 Thank you, Riyad.

06:13 Allah hafiz.

الرئيس التنفيذي لشركة كوارا للتمويل السعودية لـ CNBC عربية: قدمنا 700 مليون ريال تمويلات في 2022 ونتطلع إلى المزيد

Category

Transcript

Recommended