CEO of Best Lease Aissa Heidoussi started by shedding some light on the Tunisian leasing sector and how far the overall market was affected by the global crisis and what are the strength of the Tunisian economy and how is the government fighting back. The CEO also gave a brief overview of his company, its capital and current profits.
CEO of Best lease Aissa Heidoussi started by shedding some light on the Tunisian leasing sector saying “We have 10 financial companies for Leasing in Tunisia that started in the 80’s and they cover around 80% of transportation. The financial leasing sector in Tunis is very useful and productive helped by the political stability that Tunisia enjoys and the abundance of primary and human resources. In addition to the constant follow up by the Tunisian Central Bank and finance Ministry and their precise implementation of the guidelines and regulation in effect. Therefore I can say with confidence that the Tunisian market was not affected by the global financial crisis.”
The CEO Aissa Heidoussi also spoke about the effect of the global crisis on Tunisia saying “The Tunisian economy is based on several sectors. Some of these sectors have been affected by the financial crisis, like tourism and exports, but the effects have been really minimal. Additionally the president formed a high level committee to study the negative possible effects of the global crisis on our economy, and take the proper steps to minimize them and stimulate the economy.”
Then the CEO gave a brief overview of his company, its capital and current profits, saying “Our company has been around for 10 years, it is directly owned by Sheikh Saleh Kamel, President of Dalla Al Baraka Group form the KSA, and it is an example of a successful Arab investment in Tunisia, among many others by the same group. We have a 10 million dinar capital that will be doubled by next year.
We are mainly focus don helping and supporting investments in Tunisia and financing the small investors in the market. We are also Shariaa compliant.
We accomplished a 1.5 million dinar profit in 2008.”
Concerning Sheikh Salah Kamel speech, CEO Hidousi explained that it was very positive and to the point, it pointed out the Arab regulatory efforts that saved the region form being grossly affected by the global crisis.
Additionally, the effects of his speech were great on most of the baking officials present at the conference, including many political officials that were present. Most of the attendee shared the same conclusion with the Sheikh Kamel.
Finally, H.H Sheikh Mohammad Makoutm’s comment regarding the fact that we have reached the worst of the crisis and we can only start growing from now on is a very positive and accurate speech.
This also points out that the future is bright and we have a lot of opportunities ahead of us as we can only grow after currently reaching the bottom.
All in all, the state if the Arab financial market is relatively good. we feel that we all shared the responsibility to steer this market to further growth in the past and we were successful, and hopefully we will succeed once more and steer our economies towards further growth and progress.
