EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), and EFG Hermes Holding’s wholly-owned subsidiary, EFG Hermes Corp-Solutions, announced today the successful conclusion of the latter’s second issuance of a securitization bond worth EGP 2.0 billion. The bond is backed by a receivables portfolio of c. EGP 2.9 billion, representing 24 lease contracts.
valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced today that it has successfully signed a partnership with Heliopolis Sporting Club to offer convenient and affordable financing and payment solutions on new memberships for Heliopolis Sporting Club El Shorouk City branch as well as club services.
Following the acquisition of a 75% stake by EFG Hermes Holding and GB Capital in Tokio Marine Egypt Family Takaful in 2020, the company has been rebranded to Kaf. Under the guidance of new management brought in following the acquisition, the company aims to set itself apart by making insurance effortless for their customers and by providing them with straight-forward, fair, and value-for-money insurance solutions.
EFG Hermes’ One-on-One, the world’s largest investment forum dedicated to frontier emerging markets (FEM), commences this morning, with 655 institutional investors connecting with c-suite executives from 205 companies spanning 33 countries
EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced today that its Investment Banking division successfully concluded advisory on AD Ports Company’s acquisition of a 70% stake in two Egypt-based maritime and terminal operating companies, Transmar International Shipping Company (Transmar) and Transcargo International (TCI), for a total purchase consideration (enterprise value) amounting to USD 140 million.
As sole financial advisor and bookrunner, EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced today that it has successfully concluded advisory on Credit Agricole S.A’s accelerated direct purchase of a 4.80% stake in Credit Agricole Egypt S.A.E. Additionally, Zulficar & Partners acted as legal advisor to Credit Agricole S.A with regards to this accelerated direct purchase.
valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle enabling fintech platform, PayTabs Egypt, the award-winning payment processing solution, and notchnco, an independent software vendor (ISV) for meta products, have announced today a collaboration that will allow valU’s clients to enjoy a unique WhatsApp shopping experience.
valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced today that it acquired 100% of Paynas, a full-fledged employee management and benefits company that provides financial services to micro, small, and medium enterprises (MSME) in a signing ceremony attended by Dr. Rania A. Al-Mashat, Minister of International Cooperation
EFG Hermes Holding, an impact-driven universal bank in Egypt and the leading investment bank franchise in Frontier Emerging Markets (FEM), announced today its results for the second quarter of 2022.
EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced today that its Debt Capital Markets (DCM) unit under the investment banking division successfully closed valU’s second securitization issuance worth EGP 532.6 million, which comes as part of valU’s wider EGP 2 billion program that was approved by the FRA on 25 July 2021.
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