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Financing Businesses
The Group’s financial arm, GB Capital, is responsible for the
Financing Businesses line, which consists of five independent
companies: GB Lease (financial leasing), Mashroey (asset-
basedlendingtoeligiblemicrofinanceclients),Drive(factoring
services), Haram(car rental onaquasi-operational leasebasis),
and Tasaheel (microfinance). GB Capital seeks to develop a
diversified and synergetic group of financial services to build
on GB Auto’s strategic objectives whilemaintaining each com-
pany’s individuality and expertise. GB Capital is constantly on
the lookout for new additions to complement its growing and
successful portfolio of its non-bank financial services.
Others
The company’s Pre-Owned Vehicles division — Fabrika —
rolled-out a Western-style pre-owned car operation at all GB
Auto-ownedpoints of presence inEgypt. GBAuto’s Lubricants
business, PAL, distributes Gazprom Neft Lubricants under
an exclusive strategic alliance with Gazprom Neft. The com-
pany’s retail arm, 360, will operate retail after-sales outlets
to distribute tires, tire parts, batteries, spare parts, and lubri-
cants and offer services including tire installation, battery
service, and the sale of lubricants in various locations.
After-Sales Services
GB Auto operates Egypt’s largest and fastest-growing
network of after-sales service centers for passenger cars,
motorcycles & three-wheelers, and commercial vehicles &
construction equipment in Egypt. It is the leading service
provider for Chery passenger cars in its home market and is
working to build Iraq’s foremost after-sales franchise based
on the Egyptian model. After-sales is also an important
component of the motorcycles & three-wheeler market and
is a key differentiator for GB Auto both in Egypt and in Iraq
where it offers after-service facilities for Bajaj motorcycles
and three-wheelers. Motorcycle & three-wheeler customers
place strong emphasis on the availability of spare parts and
service centers, meaning the company’s authorized service
center network is continuously expanding to reach out to
them and encourage them to return to the GB Auto network
for maintenance, spare parts, and repairs. The Commercial
Vehicles & Construction Equipment business unit is sup-
ported by a robust after-sales framework that extends GB
Auto’s total care model to customers, offering a nationwide
network of owned-retail showrooms including 14 after-
sales service centers.
2016 ANNUAL REPORT
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Our Business Units