EFG Hermes

EFG Hermes Corp-Solutions, a leasing and factoring subsidiary of EFG Hermes Holding, announced on Wednesday that it has signed a sale and leaseback agreement amounting to EGP 600m with LMD to finance…
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EFG Hermes Corp-Solutions, a subsidiary of EFG Hermes Holding and one of Egypt’s leasing and factoring companies, signed a $25m deal with Transmar — a wholly-owned subsidiary of IACC Holdings and…
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Egyptian Financial Group Hermes Holding (EFG Hermes) has received a non-binding initial offer for First Abu Dhabi Bank (FAB) to acquire a majority stake in the company's issued capital.
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EFG Hermes has announced that its Promotion and Underwriting Sector succeeded in completing the first issuance of securitisation bonds for Madinet Nasr Housing and Development (MNHD) with a value of…
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Egyptian Financial Group Hermes Holding (EFG Hermes) has inked an EGP 750 million sale and leaseback agreement with Madinet Nasr Housing and Development (MNHD).
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Egypt’s EFG Hermes has officially become a universal bank after finalising its acquisition of a 51 percent stake in the Arab Investment Bank (aiBank) in partnership with the Sovereign Fund of Egypt…
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EFG Hermes' consumer finance platform valU aims to increase the number of users to 250,000 by the end of 2022 from the current 100,000, the CEO of EFG Hermes Finance, Walid Hassouna, said according to…
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EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced touday that its Investment Banking division successfully completed advisory to Abu Dhabi National…
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The Central Bank of Egypt (CBE) approved the acquisition of 76% of Arab Investment Bank (aiBANK) by the sub-fund for financial services and digital transformation owned by The Sovereign Fund of Egypt…
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Egypt’s EFG Hermes reported a 20 percent year-on-year growth in revenues for the second quarter of the year to 1.6 billion Egyptian pounds ($101.8 million).
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