Firm is now a universal bank in Egypt with a market-leading investment banking platform in frontier emerging markets (FEM)
Arab Investment Bank
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Arab Investment Bank
The digital drive to financial inclusion
Karim Awad, Group CEO of EFG Hermes Holding, believes Egypt’s banking sector will play a crucial role accelerating economic growth, and that the country’s young, tech-savvy population will bring more people into the financial fold
Arab Investment Bank
The Sovereign Fund of Egypt and EFG Hermes Holding sign agreements for the acquisition of 76 percent of Arab Investment Bank
The transaction will be structured as a capital increase that will raise the paid-in capital of the Bank to EGP 5 billion; transaction received approval of the Egyptian Cabinet yesterday
