EFG Hermes

Egyptian Financial Group Hermes Holding (EFG Hermes) and EFG Hermes Holding’s wholly-owned subsidiary, EFG Hermes Corp-Solutions, announced the successful conclusion of the latter’s second issuance of…
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Following the 2020 takeover of a 75% stake by EFG Hermes Holding and GB Capital in Tokio Marine Egypt Family Takaful, the company has been rebranded to Kaf.
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Egyptian Financial Group Hermes Holding (EFG Hermes) has named Aladdin ElAfifi as the new CEO of its non-bank financial institutions (NBFI) platform.Egyptian Financial Group Hermes Holding (EFG…
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EFG Hermes has announced the successful close of an EGP425 million ($22.4 million) securitized bond issuance for real estate powerhouse Pioneers Properties for Urban Development and its affiliates –…
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EFG Hermes’ energy investment platform Vortex Energy has so far invested EUR 222 mn of equity capital into Ignis Energia, Vortex said in a press release.
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EFG Hermes Corp-Solutions has successfully concluded an EGP 500 mn bond issuance that the company said is the first factor of a “broader EGP 3 bn bond program” for the leasing and factoring player on…
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valU Consumer Finance (valU), a fully-owned subsidiary of EFG Hermes Holding entered into an agreement with Amazon for the Provision of Consumer Financing by valU as a Payment Method on amazon.eg…
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First Abu Dhabi Bank (FAB), the UAE’s biggest lender by assets, withdrew its offer to acquire a majority stake in Egypt’s biggest investment bank EFG Hermes, citing global market volatility in the…
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Egypt-based investment and financial holding company topped the EGX’s brokerage league table once again in March, with a market share of 23.5%, according to figures from the EGX.
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 Egyptian Financial Group Hermes Holding (EFG Hermes) reported a year-on-year (YoY) surge of 12% in revenues to EGP 6.1 billion in 2021, exceeding the EGP 6 billion mark for the first time.
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