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20 MAY 2019

EFG Hermes Signs Partnership Agreement with ACBS, the Securities Arm of Vietnam’s Asia Commercial Bank

The partnership will give EFG Hermes’ clients access to best-in-class execution in live market hours, deep local market knowledge through award-winning research and enhanced corporate access to the Vietnamese market.

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14 MAY 2019

EFG Hermes reports a strong start to 2019, with net profits expanding 51% Y-o-Y to EGP 374 million in 1Q19, on the back of 42% Y-o-Y in top-line growth to EGP 1.3 billion

Robust growth in the first quarter of the year was driven by both the Investment Bank and the NBFI platforms, which posted solid revenue growth, up 35% and 65% Y-o-Y respectively

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14 MAY 2019

EFG Hermes reports a strong start to 2019, with net profits expanding 51% Y-o-Y to EGP 374 million in 1Q19, on the back of 42% Y-o-Y in top-line growth to EGP 1.3 billion

Robust growth in the first quarter of the year was driven by both the Investment Bank and the NBFI platforms, which posted solid revenue growth, up 35% and 65% Y-o-Y respectively

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15 APRIL 2019

EFG Hermes’s valU Wins Prestigious Industry Recognition as “Fintech Innovation of the Year” by Terrapin’s Seamless Awards 2019 in Dubai

The award highlights valU’s unrivaled success in the market in just a single year of operations, a feat underpinned by its innovative platform and the key partnerships forged throughout the year

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15 APRIL 2019

EFG Hermes’s valU Wins Prestigious Industry Recognition as “Fintech Innovation of the Year” by Terrapin’s Seamless Awards 2019 in Dubai

The award highlights valU’s unrivaled success in the market in just a single year of operations, a feat underpinned by its innovative platform and the key partnerships forged throughout the year

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19 MARCH 2019

EFG Hermes reports strong FY 2018 results, with net profits surpassing the EGP 1.0 billion mark on EGP 4.3 billion in revenues

The Firm’s Board of Directors proposed a cash dividend of EGP 0.65/share for the year. This is equivalent to c. 50% of the attributable profits and is pending the General Assembly’s approval.

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07 MARCH 2019

EFG Hermes Closes Follow-on Offering of Eastern Company on the EGX

The transaction, which marks the first offering of a state-owned company in over a decade, was met with strong demand from global, regional and Egyptian investors

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03 MARCH 2019

EFG Hermes One on One, the Leading Frontier Emerging Markets Investor Conference Kicks Off Today in Dubai

Recognized as the world’s largest conference in Frontier Emerging Markets (FEM), the EFG Hermes One on One will connect the leaders of 186 companies across 26 countries with institutional investors and family offices managing assets in excess of USD 11 trillion

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27 DECEMBER 2018

EFG Hermes Leasing signs a cooperation agreement with HSBC Bank Egypt to finance Capital Expansions for Small and Medium Enterprises

The agreement supports the Central Bank of Egypt’s push to strengthen SMEs and raise the sector’s contribution to the formal economy

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23 DECEMBER 2018

EFG Hermes Completes Oversubscribed First Close on Egypt Education Fund with Total Commitments of USD 119 million

The fund is part of a wider platform established in partnership with GEMS Education, one of the world’s leading providers of education services, which will see USD 300 million invested in Egypt’s vital education sector over the coming three years

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