|
EFG Hermes is an investment bank in the Middle East and North Africa (MENA) region and specializes in securities brokerage, asset management, investment banking, private equity and research. EFG Hermes serves a range of clients including sovereign wealth funds, endowments, corporations, financial institutions, high-net-worth clients and individual customers. EFG Hermes is listed on the Egyptian Exchange (EGX) and London (LSE) stock exchanges. EFG Hermes has offices in Egypt, the United Arab Emirates (UAE), the Kingdom of Saudi Arabia (KSA), Qatar, Oman, Kuwait, Jordan and Lebanon with over 800 people from 25 nationalities. They serve clients from the Middle East, North Africa, Europe and the United States.EFG Hermes owns a 63.7% majority stake in the Lebanese commercial bank, Credit Libanais. In FY 2014, EFG Hermes reported net profit after tax and minority interest of EGP 538 million; on total operating revenues of EGP 2.6 billion, the Group’s strongest performance since 2008. Fee and commission revenue from the investment bank rose 44% Y-o-Y to EGP 951 million in FY 2014, largely due to higher revenue generated from regional operations for the Securities Brokerage, Asset Management and Investment Banking divisions, with regional operations representing 51% of fees and commission revenues. In 2015, EFG Hermes launched EFG Hermes Leasing, a wholly owned subsidiary of the firm specializing in providing leasing services to large corporates and SMEs across Egypt. EFG Hermes Leasing specializes in offering comprehensive financial leasing solutions and advisory to corporations and SMEs. The company also works with vendor partners. ==History== EFG, also known as the Egyptian Financial Group, became the first investment banking firm in Egypt when it was established by Dr Mohamed Taymour in1984. Hermes was founded in 1993 under the newly promulgated Capital Markets Law 95. EFG created and analyzed privatization plans for the Egyptian government for several years. In 1993, The Egyptian Financial Group and Hermes independently made a move into securities brokerage. The two companies competed and both companies brought many investment strategies that were common to the west to Egypt as several of the two firm's founders had Wall Street experience in corporate finance, sales & trading and asset management;, for example Hermes established the first equity index in all of Egypt. In 1994, both Egyptian Financial Group and Hermes entered into asset management. Fueled by organic growth; the two firms also accounted for lead managing a majority of the privatization capital markets IPO's during 1995 and 1996. The two companies soon reached the point that further growth was not possible without a wider network of local and international clients on one hand, as well as the rising competitive threat of international investment banks in the progressively more active Egyptian market in terms of investment baking privatization transactions as well as higher trading volumes . These factors led to a merger in 1996 between EFG and Hermes. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「EFG-Hermes」の詳細全文を読む スポンサード リンク
|