About EFG Holding

EFG Hermes Holding S.A.E. operates as a financial services company. The company offers various investment banking services, including securities brokerage, investment banking, asset management and private equity. In addition to its non-bank finance products, the company offers leasing and micro-finance, installment services, factoring, securitization, and collection. Services The company’s services are structured into five lines of business, which together operate to serve all the investment banking needs, whether it is an individual, institutional, corporate or governmental client: Securities Brokerage Securities Brokerage serves approximately 1,200 international and regional institutional investors and approximately 52,000 high net worth and individual clients. The company is the major brokerage house in the Arab world, providing direct access to nine markets and indirect access to a further three markets through XX branches. The company’s online trading system ‘Hermes Online’, national customer call centres, recently-introduced Brokerage ATMs offering withdrawal and deposit services to its clients on a 24/7 basis, as well as a Mobile Trading system in Oman. In other words, the company advises organizations and individuals on how to secure market-beating returns on their investments in MENA markets, drawing on its regional expertise and long track record of success. Investment Banking The company’s Investment Banking offers advisory services. With a track record advising major private companies, governments and listed corporations from offices across the region, the company has raised approximately USD 12 billion in equity and advised on M&A transactions of approximately USD 20 billion. Asset Management Asset Management manages USD 4.4 billion in assets in 29 regionally dedicated funds and 61 discretionary portfolios, including traditional and alternative investment solutions, such as equity, fixed income, money market, indexed, and capital guaranteed, as well as Shariah compliant (Islamic) mandates. A major regional fund manager, the company has managed some of the major funds in the MENA region. Private Equity Private Equity participates in the turnaround of young companies, helping them access the capital they require to realize their full potential. The Division has moved beyond its strength in Egypt to become a regionalized business with a mandate to manage a considerable portion of the InfraMed Fund, which would invest in infrastructure across the southern Mediterranean. The company has USD 1.1 billion in funds under management in regional- and Egypt-targeted funds. Private Equity also includes the activities of Ideavelopers, an incubator for small enterprises and start-ups. Research The company offers English-Arabic coverage of equities, sector and economy research covering approximately 50% of the market capitalization in the Arab world. The company has 135 companies under active research coverage. Commercial Banking The company owns a controlling interest in Crédit Libanais, a major Lebanese commercial bank, with approximately 300,000 customers from Lebanon and Cyprus to Senegal and Bahrain. Crédit Libanais offers a range of commercial banking products, including retail banking (with 68 branches), various checking and savings accounts, debit and credit cards, personal loans and commercial retail loans, insurance, corporate banking, international banking services, market coverage, SME banking, private banking and asset management. Markets and Clients The company offers its main lines of business through its offices in 9 countries, such as Egypt, UAE, Jordan, KSA, Kuwait, Pakistan, Oman and the U.S.A. The company also operates indirectly in Bahrain, Morocco, Palestine and Iraq. The company offers financial solutions to a client base from the Middle East and North Africa to Europe, Africa and the United States. The company’s clients include governments, corporations, financial institutions, high net worth clients and individual customers. Significant Events In April 2020, EFG Hermes, the financial services corporation in Frontier Emerging Markets, announced that it has entered a strategic partnership agreement with PayTabs, a global fintech solutions provider, to launch PayTabs Egypt. History EFG Hermes Holding S.A.E. was founded in 1984.