EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), announced today the launch of a new program between its NBFI subsidiaries valU, a leading technology solutions provider, and EFG Hermes Corp-Solutions, the Firm’s factoring and leasing arm. The collaboration will provide valU merchants with immediate access to factoring services, affording them opportunities to increase their liquidity, grow their business, and meet their strategic objectives.
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that its investment banking division successfully concluded advisory on Agthia Group’s acquisition of Kuwait’s Al Faysal Bakery & Sweets.
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced that it has been named Sustainability Champion by the Egyptian Financial Regulatory Authority’s (FRA) first publication recognizing players championing sustainable development in the non-bank financial service industry.
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that it successfully closed the fourth issuance of Premium International for Credit Services (Premium)’s EGP 2 billion securitization program in a transaction worth EGP 170 million.
EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), released today its overall brokerage rankings for markets across its four-continent footprint, ranking first for FY2020 in Egypt, Kuwait, Dubai, and Kenya, placing second in Abu Dhabi and Nigeria (by value traded), and securing a third-place spot in Oman as it works to offer clients unparalleled coverage of 12 markets in the MENA region and 75 frontier markets
EFG Hermes Securities Brokerage Tops League Tables Across FEM Footprint, Ranks First in Egypt, Kuwait, Dubai, and Kenya
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today the successful closing of the first issuance in an EGP 6.5 billion securitization program for Amer Group, Porto Group, and Qasatli. EFG Hermes acted as sole arranger and financial advisor on the EGP 700 million issuance, which was covered more than one time and is part of a program for a portfolio of receivables worth EGP 911 million from five originators, including Amer Group’s four subsidiaries and mortgage finance company Qasatli.
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that it has successfully concluded an EGP 600 million Sukuk issuance for Cairo for Investment and Real Estate Development (CIRA), one of the largest private educational groups in Egypt.
The second issuance is part of the EGP 2 billion program launched in December 2019, and was 1.3x oversubscribed by a wide group of investors.
CAYESH, a fintech company specialized in serving supply chain stakeholders, and EFG Hermes Corp-Solutions, announced today the signing of a strategic partnership agreement to launch an innovative program enabling suppliers to finance their receivables using CAYESH technology.
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