Strategic investment for growth in Abu Dhabi's financial landscape.
Sammaan Capital is set to aggressively expand its operations following a significant investment from Abu Dhabi’s IHC Group. The capital infusion is expected to enable Sammaan Capital to double its asset base within the next three years.
The company’s strategic focus will include a range of lending products. Personal loans, gold loans, and loans tailored for small businesses are among the key areas of emphasis. Additionally, Sammaan Capital plans to prioritize financing for electric vehicles, aligning with sustainable investment trends.
Gagan Banga, CEO of Sammaan Capital, stated that the backing from IHC Group positions the company to play on the front foot in the financial market. The investment marks a pivotal moment for Sammaan Capital, paving the way for substantial growth and expansion in its lending portfolio.
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