EFG Holding: A Leading Force in Regional Capital Markets

EFG Holding is a leading force in regional capital markets, with a presence in over 50 countries worldwide. Its global reach allows it to provide a wide range of financial services to both individuals and institutions.

EFG Holding's origins date back to 1995, when it was founded in Switzerland. The company's history and longevity speak to its stability and commitment to the financial industry.

EFG Holding's business model is built around providing a comprehensive range of financial services, including private banking, asset management, and securities trading. This comprehensive approach enables the company to cater to the diverse needs of its clients.

Through its extensive network of offices and subsidiaries, EFG Holding delivers its services to both retail and institutional clients.

Karim Awad is the driving force behind EFG Holding's success, with over 25 years of experience in the financial industry. He began his journey at EFG Hermes in 1998 and rose through the ranks to lead its Investment Banking division in 2007.

Under his leadership, EFG Holding underwent a strategic transformation, divesting non-core assets and refocusing its vision to become the financial solutions provider of choice in the MENA region. This shift was built on six pillars: top talent, regional positioning, selective expansion, product innovation, profitability, and strong public responsibility.

Mohamed Obeid, Co-CEO of EFG Hermes, praised the company's leadership in capital markets, M&A, and advisory services. He emphasized EFG Hermes' commitment to delivering high-impact deals and contributing to the growth of capital markets in the MENA region.

In 2024, EFG Holding reported revenues of EGP24.4bn and profits of EGP4.3bn, a testament to Awad's strategic foresight. He holds a BBA from the American University in Cairo.

Mustafa Gad highlighted EFG Hermes' outstanding performance in 2024, executing the largest number of capital market transactions in the MENA region, including 11 initial public offerings (IPOs) and 6 secondary offerings.

A different take: Public Investment Corporation

EFG Holding operates in eight countries across two continents, with a presence in Egypt and seven other countries.

EFG Holding has expanded over four decades of continuous success, originating in Egypt.

Its three core business sectors are Investment Banking (EFG Hermes), Non-Banking Financial Services (EFG Finance), and Commercial Banking (aiBANK), which have cemented its market leadership.

EFG Hermes is the leading investment bank in MENA, offering a wide range of financial and investment services.

EFG Finance is a leading non-banking financial services platform in Egypt, covering various segments such as microfinance, leasing, and factoring.

EFG Finance's subsidiaries include Tanmeyah, a market leader in microfinance services; EFG Corp-Solutions, specialized in leasing and factoring; and ValU, a pioneering fintech platform.

Here are some of the key services offered by EFG Finance's subsidiaries: