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    UFCI   OM0000002374

UNITED FINANCE COMPANY SAOG

(UFCI)
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Business Summary
United Finance Company SAOG is an Oman-based public shareholding company that offers leasing and financial services solutions. The Company offers a range of products both conventional and non-conventional finance, corporate deposits and Banc assurance. The Company is principally involved in the provision of vehicle and equipment financing, composite loans, bridge loans, hire purchase, debt factoring, and financing of receivables and leasing in Sultanate of Oman. The Company operates though its head office in Muscat, and a network of branches located in Ibra, Ibri, Firq, Falaj Al Qabail, Salalah, Barka and Mawelah. As of December 31, 2011, the CompanyÔÇÖs major shareholders included, among others, Oman Hotels & Tourism Company SAOG and First National LLC.
Sales per Business
20192020Delta
Corporate3.5139.2%3.0939.4% -11.98%
Retail2.1524%1.8123.1% -15.65%
Unallocated Items0.556.2%0.374.7% -32.43%
Others0.121.4%0.192.4% +56.02%
OMR in Million
Sales per region
20192020Delta
Oman6.3370.8%5.4669.6% -13.7%
OMR in Million
Managers
Name Title Age Since
Bikramjit Singh Rishi Chief Executive Officer - -
K. T. Ramasamy General Manager-Finance & Information Technology - -
Wasseem Salah Abd Qaraeen Independent Non-Executive Director - -
Hassan Ihsan Naseeb Al-Naseeb Director - -
Mohamed Abdulla Mohamed Al-Khonji Chairman - -
Hassan Ibrahim Hassan Al-Lawati Secretary - -
Onkar Gopal Bhutada Internal Auditor - -
Members of the board
Name Title Age Since
Mohamed Abdulla Mohamed Al-Khonji Chairman - -
Hussam Hisham Omar Al-Bostami Non-Independent Non-Executive Director - -
Wasseem Salah Abd Qaraeen Independent Non-Executive Director - -
Hassan Ihsan Naseeb Al-Naseeb Director - -
Mohammed bin Suliman Ahmed Al-Hoqani, Dr. Non-Independent Non-Executive Director - -
Fariborz Vessali Non-independent Non-Executive Director - 2019
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 349,144,411 167,430,413 48.0% 0 0.0% 48.0%
Shareholders
NameEquities%
Oman Hotels and Tourism Company SAOG 117,234,794 33.6%
Global Financial Investments Holding SAOG 44,747,501 12.8%
Al-Saud Co. Ltd. 26,331,515 7.54%
Columbia Management Investment Advisers LLC 25,340,000 7.26%
Oman Holdings International Co. 19,731,705 5.65%
PGIM, Inc. 1,240,000 0.36%
Company contact information
United Finance Co. SAOG
Ruwi
Muscat 112

Phone : +968.24577300
Fax : +968.24561841
Web : http://www.ufcoman.com
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