EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), has partnered with Kenzi Wealth, a distinguished Danish digital wealth management company, to introduce an intelligent, risk-based portfolio advisory service. This innovative solution delivers highly personalized, risk-optimized investment services, empowering clients to grow and safeguard their investments amid the complexities of today’s dynamic global markets.
EFG Hermes, an EFG Holding company, and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully concluded advisory on the EGP 1.56 billion securitized bond issuance for Bedaya Mortgage Finance, a leading non-bank mortgage market provider in Egypt. The issuance marks Bedaya’s seventh since inception and the fifth under Capital securitization program.
Valu, the MENA region’s leading universal financial technology powerhouse, announced the debut of the Shop’it marketplace on the Valu App, expanding on its existing online offering.
Bank NXT, a leading provider of integrated retail and corporate banking solutions in Egypt, has announced the launch of its new Private segment. This new product provides an exclusive package of services for high-net-worth clients with a minimum balance of EGP 20 million or the equivalent in foreign currencies.
Valu, MENA’s leading universal financial technology powerhouse, announced today the successful closing of its 17th securitized bond issuance, valued at EGP 460.7 million, with EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA). The issuance is the first under the newly approved EGP 10 billion securitization program. The bond is backed by a receivables portfolio assigned to EFG for Securitization, which acts as the special purpose vehicle (SPV) for the issuance. It is a 12-month bond, rated Prime 1 (sf).
The Group’s revenues recorded a 21% Y-o-Y increase to reach EGP 6.1 billion, driven by strong results across all business lines, particularly EFG Finance, its non-bank financial institutions (NBFI) platform, and Bank NXT, its commercial bank.
Valu, MENA’s leading universal financial technology powerhouse, announced today its outstanding financial and operational results for the first half of 2025, marking its first earnings release since becoming a publicly listed company on the Egyptian Exchange (EGX). Total Loans during 1H25 issued reached EGP 8.9 billion, up 60% Year-on-Year (Y-o-Y), with gross revenue for the period reaching EGP 2.6 billion, up 94% Y-o-Y, while net income surged to EGP 341 million, reflecting a 64% increase versus the same period last year. Gross Merchandise Value (GMV) during 1H25 stood at EGP 10.6 billion, an 80% rise from 1H24, driven by a 133% increase in transactions to 3.6 million, bringing its GMV Business-to-Date (BTD) to EGP 46 billion from 11.9 million transactions BTD. Valu’s market share increased to 25%, underscoring its position as Egypt’s leading lifestyle-enabling fintech platform.
The EFG Foundation for Social Development, a non-profit, non-governmental organization dedicated to sustainable, high-impact development initiatives, is proud to announce the launch of the EFG Hermes Applied Technology School (ATS) for Agri-tech in El Tod, Luxor, in partnership with the Ministry of Education and Technical Education. This strategic initiative marks a significant step in reshaping technical education in Egypt, equipping youth with the skills and tools to drive the future of climate-resilient agriculture.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its Investment Banking division has successfully concluded a landmark sell-side advisory role, marking the exit of a consortium led by AfricInvest from Masria Digital Payments (MDP), the region’s leading payments technology infrastructure provider.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully completed its role as the sole global coordinator on the initial public offering (IPO) of National Printing S.A.E. (“National Printing” or the “Company”) on the Egyptian Exchange (EGX).
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