Corporate news
U Consumer Finance [VALU]
Target Price: EGP 12.28
Valu has obtained the final approval from the Central Bank of Jordan to commence its operations in the Jordanian market. The company is considered one of the main beneficiaries of the expected interest rate cut cycle in 2026, as lower interest rates are likely to stimulate consumer finance and securitization activities. Valu plans to start its operations in the Jordanian market during the current quarter.
Walaa Mosalam - Prime Research
WMosalam@egy.primegroup.org