Beltone Financial wins two prestigious awards with International Business Magazine

DUBAI, UAE - June 20, 2019 - PRLog -- Beltone Financial operates with impunity within the diversified financial sectors, concentrating primarily on investment banking. Its distinguished services include Securities Brokerage, Asset Management, Investment Banking, Market Maker, and in-depth research.

Beltone Financial Holding is based in Cairo, Egypt, and established in May 2006, is a public company, listed on Egyptian Exchange since April 2008. Presently, it is one of the internationally expanding investment banks in the Middle East, undoubtedly becoming one of the region's leading financial services firms, and through its subsidiaries it has reached 125 markets globally as well

Beltone's strategy is directed fundamentally on continuous innovation and product differentiation, as the notable pioneers of the financial service industry came together to painstakingly create this remarkable financial firm. Along with a staff count of longtime staff of 300 members, they developed this company with an exceptional vision of partnership and ownership, acknowledged for current and strategic initiatives beginning with Money Market accounts in the MENA region and creating the first and only Exchange Traded Fund in Egypt.

The Company Management

The award recognizes the company's outstanding performance and its ability to offer a range of asset management products in the Egyptian pound and the US dollar, including investment in local and regional equities, cash and fixed income funds and portfolios" said Beltone's Asset Management Director Karim Nehma .

In 2004, Beltone collaborated with Banque Misr to launch Egypt's first Money Market Fund, which catalyzed the Egyptian liquidity market growth, and paved the way for the launch of 27 investment funds in Egypt.

Moreover, Beltone Financial was the first to introduce the idea of fixed income investment portfolios with assets under management of more than EGP 5.2bn ($298m). Since June 2017, Beltone kept focusing on increasing its locally and globally managed assets, leading to an increase in its managed assets from EGP 23.1bn ($1.3bn) to EGP 31.6bn ($1.8bn) marking an annual growth of 37%.

Ms. Trishna Das, Chief Editor of International Business Magazine commented: "Good equity funds tend to provide high returns over a medium to long term horizon. As equity funds are risky bets, people need analyze various parameters before choosing the fund. This is where Beltone Financial Holdings have performed with unparalleled committed towards its customers' best interest."

About International Business Magazine:
International Business Magazine is a Dubai, UAE based pioneer Journal striving hard in line to carve a niche in already fierce competitive world of Business and Financial Award Journals. For Further Information please visit www.intlbm.com.