EFG Hermes Holding is a universal bank in Egypt with the leading investment bank franchise in Frontier Emerging Markets (FEM). The company’s footprint currently spans 13 countries across four continents. EFG Hermes Holding started in Egypt and has built over the past 4 decades of a strong track-record and a diverse team of talented employees, providing a wide spectrum of financial services that include advisory, asset management, securities brokerage, research and private equity to Frontier Emerging Markets (FEM) as well as commercial banking and Non-Bank Financial Services (NBFS) in Egypt.
The firm’s “6P” strategy – built on the pillars of hiring the best people, strengthening market positioning, expanding geographical presence, diversifying product offering, increasing profitability, and maintaining a healthy sense of public responsibility – supports our overall objectives of transforming into a leading frontier house, and adopting a merchant banking model that will allow us to take advantage of a stronger, liquid balance sheet.
The Firm’s Non-Bank Financial Institutions (NBFI) Platform, overlooks activities in the non-banking finance field covering microfinance, leasing, factoring, Buy-Now, Pay-Later (BNPL), mortgage and insurance. This falls in line with the Firm’s strategy to focus on two main pillars: product diversification and geographic expansion into non-MENA markets, which has seen the Firm establish a physical presence in Pakistan, Bangladesh, Vietnam, Kenya, Nigeria, the United Kingdom and the United States. In 2021, the firm acquired a controlling stake in aiBANK allowing the Firm to transform into a universal bank in Egypt.
For further information about EFG Hermes, please visit www.efghermes.com