
EFG’s Rx Healthcare platform explores opportunities in pharmaceutical sector
Sources told Daily News Egypt that entering in new segments will help the platform expand its investments in the pharmaceuticals sector.
Sources told Daily News Egypt that entering in new segments will help the platform expand its investments in the pharmaceuticals sector.
The division acted as the sole financial advisor and arranger on the transaction, while EFG Hermes Corp-Solutions, a wholly-owned subsidiary of EFG Hermes Holding and one of Egypt’s leading leasing and factoring companies, acted as the leasing partner and EFG Hermes’ recently acquired aiBANK acted as the lender.
With a major difference, CI Capital ranks second with transactions worth EGP 12.9bn, HC ranks third
Reuters – EFG Hermes, one of the largest investment banks in the Middle East, is seeking to expand its assets under management in Egypt by 25% this year, a senior executive said on Tuesday. Nabil Moussa, head of asset management for EFG in Egypt, told reporters that of the $3bn in assets the bank manages …
EFG also said it had recently acquired a 65 percent stake in Credit Libanais as it seeks to expand into retail and commercial banking.
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