{
}
Deem Finance, a UAE-based non-bank lender backed by the Gargash Group, has secured a $400 million debt facility from JP Morgan to support its expansion into consumer and SME lending. The asset-backed securitisation deal will enhance Deem's balance sheet and diversify its capital base, addressing the growing demand for alternative financing solutions in the UAE. Founded in 2019, Deem offers a range of financial products targeting underserved segments, including personal loans and credit cards.
Deem Finance has secured a $400 million asset-backed securitization in partnership with J.P. Morgan to enhance its lending capabilities for consumers and SMEs. This transaction diversifies Deem's funding sources and supports its growth strategy, contributing to the UAE's financial ecosystem. The collaboration underscores the importance of access to credit for underserved communities in the region.
Deem Finance has secured up to $400 million in debt financing from JP Morgan to enhance its lending capabilities for SMEs and consumers in the UAE. This partnership aims to strengthen Deem's balance sheet and provide tailored financial products to underserved communities, supporting personal and business financing needs. The deal, facilitated by Daman Investments, underscores the growing confidence of international financial institutions in the UAE's financial sector.
Deem Finance LLC
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Deem Finance secures 400 million dollar debt facility for expansion efforts
14:00 15.04.2025
deem finance partners with jp morgan for 400 million asset backed securitization
United States Dollar
J.P. Morgan Access Multi-Strategy Fund II FUND
Deem Finance LLC
ARE
USA
Chris Taylor
Mamoun Bennani
Shehab Gargash
Khizer Ahmed Khan
George Deves
Show more
05:12 06.03.2025
Deem Finance secures 400 million dollars in debt financing from JP Morgan
08:32 05.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
CEO Changes
Market Analysis and Predictions
Banking Regulations
Industry Mergers & Acquisitions
Energy Sector Developments
Global Trade Developments
Startups & Entrepreneurship
Government Policies
Domestic Politics
Supply Chain Management
Financial Scams and Security
Central Bank Actions
Hedge Funds & Private Equity
Private Equity Deals
Countries:
Companies:
Tesla, Inc.
Barclays PLC
JPMorgan Chase & Co.
Apple Inc.
UBS Group AG
Capital One Financial Corporation
NVIDIA Corporation
BNP Paribas SA
Bank of America Corporation
The Goldman Sachs Group, Inc.
Morgan Stanley
Deutsche Bank RV Global PP
Commerzbank AG
Amazon.com, Inc.
SpaceXCoin USD
Credit Suisse Real Estate Fund Siat
Citigroup Inc.
Wells Fargo & Company
Microsoft Corporation
Raiffeisen Bank International AG
Currencies:
United States Dollar
Euro
Chinese Yuan
Indian Rupee
Swiss Franc
British Pound Sterling
Vietnamese Đồng
Hong Kong Dollar
Australian Dollar
United Arab Emirates Dirham
Singapore Dollar
South Korean Won
Thai Baht
Norwegian Krone
Danish Krone
Swedish Krona
Russian Ruble
Ghanaian Cedi
Canadian Dollar
Turkish Lira
People: