nies" class="mw-redirect">privately held companies</a> such as Challenger.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span>[</span>3<span>]</span></a></sup></p>
<p>The investment is beneficial to both parties, allowing Challenger to achieve its growth plan and helping VC Bank to achieve its objectives of supporting companies in the MENA region. Challenger Chairman Hassan Tatanaki said that "amongst alternative financing routes available, Challenger's management decided to partner with VC 