EFG Hermes Group

Est. in 1984, EFG-Hermes is a leading Egypt-based investment
bank providing a complete spectrum of investment services,
including securities brokerage, asset management, investment
banking, private equity and research. In August 2010, it
repositioned itself to become a universal bank after acquiring
65% of the Lebanese bank, Credit Libanais, whereby extending
its activities to commercial banking operations.
EFG-Hermes has presence in eleven Arab countries, including the
most recent operations in Syria and Jordan. In April, the Syrian
Commission on Financial Markets and Security granted EFG-
Hermes a license for advisory activity, corporate finance
activities (excluding underwriting), research, securities
brokerage and asset management. While in June, acquired
100% of Tadawol for Securities and Financial services, a local
Jordanian broker. Named the Best Brokerage House in the Middle East at the Banker Middle East Industry Award. Remained 1 broker in Egypt,
Dubai and Abu Dhabi, ranked 2 in Kuwait and 4 in Oman.
Recently launched the Syria Private Equity Fund and the first
closing of the Infra Med fund at EUR385 million with a final
target of EUR1 billion.
Notes:
- Listed on the Cairo and Alexandria Stock Exchange (CASE) and London Stock Exchange (LSE)
- Current market capitalization: USD2.0 billion (2009)
- Total shareholders. equity: USD1.6 billion (2009)