MNT-Halan More Than Doubles Q3 2026 Net Profit to EGP 836 Million as Revenue Reaches EGP 5.4 Billion
MNT Tech Financial Investments Holding, known as MNT-Halan, reported a more than twofold increase in net profit during the third quarter of 2026, reaching EGP 836 million compared with approximately EGP 399 million in the second quarter, representing a quarter-on-quarter increase of 2.1 times.
The company’s consolidated financial results showed that total revenue increased by 15% quarter on quarter to EGP 5.433 billion in Q3 2026, up from EGP 4.716 billion in the previous quarter. Net profit for the first nine months of the year reached approximately EGP 1.746 billion.
Net profit margin climbed to 15% in the third quarter, compared with 8% in Q2, while return on average equity reached 41.1% on an annualized basis.
Loan Portfolio Reaches EGP 48.1 Billion
MNT-Halan’s loan portfolio grew by 14% year on year to EGP 48.1 billion at the end of September 2026. Financing disbursements during the first nine months of the year totaled EGP 34.5 billion, up 9% from the same period in 2025.
Consumer finance recorded notable growth, with disbursements rising 42% during the first nine months of 2026 to approximately EGP 13 billion. Its share of the overall loan portfolio increased to 29% in Q3, compared with 23% in the corresponding period last year.
Microfinance maintained a share of approximately 40% of the portfolio. Meanwhile, the company continued restructuring its small and medium-sized enterprise financing portfolio and reducing exposure to higher-risk segments. As a result, SME financing accounted for 15% of total financing disbursements in Q3, down from 25% in Q3 2025.
The company also converted a financing portfolio with an original value of EGP 6.8 billion, achieving a profit margin of 34.3%, compared with 28.7% a year earlier. The transaction released EGP 1.6 billion in restricted cash, strengthening available liquidity to support growth plans.
Expansion into Investment Services
As part of its business diversification strategy, MNT-Halan launched digital securities brokerage services during the third quarter, supported by a custody license recently obtained from the Financial Regulatory Authority.
The company also introduced low-value factoring services targeting small businesses that have limited access to financing across Egypt.
Customer investments increased 4.9 times year on year, reflecting growing demand for the company’s investment products. The expansion supports its strategy to build an integrated financial platform through which customers can borrow, spend, pay, save and invest.
EGP 4 Billion Capital Increase Through IPO
Mounir Nakhla, Founder and CEO of MNT-Halan, said the commencement of trading in the company’s shares on the Egyptian Exchange on October 20, 2026, marked an important milestone.
He explained that the company raised EGP 4 billion through the capital increase tranche of its initial public offering, helping expand its equity base by approximately 45% to nearly EGP 13 billion. This provides a stronger capital foundation and greater flexibility to support future expansion.
Nakhla added that the company’s active customer base exceeded 1.9 million, while the number of active cards increased by 30% year on year, supporting growth in consumer finance.
AI to Accelerate Digital Transformation
Nakhla said the company will focus on accelerating digital transformation, strengthening customer engagement and improving operational efficiency.
These efforts will include expanding the use of artificial intelligence across its business activities, particularly in service personalization, credit decision-making, risk reduction, cross-selling and customer retention.
MNT-Halan aims to continue developing its technology-driven business model and broadening its financial services portfolio to support sustainable growth in financing and profitability while creating long-term value for shareholders.
