Kamel Alzarka has been a dynamic presence on the international entrepreneurial arena, founding his own business, Falcon Group, in 1996. In the decades that followed he has built up a powerful business profile for both himself and the companies he has been involved with.
Kamel Alzarka’s is still CEO of Falcon Group and, in this Bloomberg interview, he explains his business ethos and the market strategy that has made Falcon Group into the financing powerhouse it is today. He attributes this outstanding success to the fact that, by providing lending in a time when banks are getting rid of more and more from their credit portfolios, Kamel Alzarka and Falcon Group offer a valuable service for a growing number of businessmen that are finding it increasingly difficult to generate growth in the absence of funding opportunities.
This business model has proved to be incredibly profitable for all parties involved – Mr. Alzarka estimates that the company has been growing at a rate of approximately 20-25% a year. As of 2015, the group has credited companies with roughly 7 billion dollars, most of these operating in emerging markets, although Kamel Alzarka does point out that they have started dealing with a growing number of companies from Europe.
Alzarka goes on to explain that the difference between approaches has to do with the bailout money that has been granted to traditional banks, which in turn makes them increasingly focused on the domestic market. The CEO’s openness to international lending is therefore an important part of why Falcon Group is so attractive to companies from around the globe.