Banking News – In a landmark move aimed at boosting financial inclusion and driving sustainable economic growth in the region, Deem Finance has successfully completed a $400 million asset-backed securitization (ABS) in collaboration with J.P. Morgan. This strategic initiative marks a pivotal step forward in improving financial accessibility for both consumers and small to medium enterprises (SMEs) across the UAE.
The transaction was executed with the support of Daman Investments, who served as the financial advisor. This major financial milestone significantly enhances Deem’s funding flexibility, empowering the company to expand its outreach to underserved segments of the population.
The partnership aligns with Deem’s ongoing mission to reimagine non-bank finance solutions and play a central role in shaping the future of inclusive financial services in the UAE.
By leveraging global financial expertise and local market insight, the securitization is expected to catalyze innovation and scale impact, helping to meet the increasing demand for accessible credit in the region.
This development has been widely covered by several leading media outlets, including CNN Business Arabic, Entrepreneur Alarabiya, Zawya, Fintech Finance News, and Mubasher, among others.
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