Egypt, MENA and Beyond: EFG Hermes Today
Egypt, MENA and Beyond: EFG Hermes Today
EFG Hermes’ vision to become the premier frontier markets finance institution is well on its way to becoming a reality. In 2018, EFG Hermes cemented its position as the foremost provider of financial solutions for retail, high-net-worth and institutional clients across MENA and Frontier Emerging Markets (FEM). Today, EFG Hermes provides a wide spectrum of financial services to a growing base of institutional investors and retail clients through two verticals: the Investment Bank and our Non-Bank Financial Services.
After expanding into Pakistan, Kenya, the UK and the US in 2017, we extended our geographic footprint in 2018 by establishing branches in Bangladesh and Nigeria. This consolidates our presence in both South Asia and sub-Saharan Africa in addition to the MENA region, Europe and the US.
Our team currently consists of the most experienced frontier market professionals in the market, ensuring the best execution and sourcing of liquidity. We also have a frontier trading hub in Dubai with distribution in London, Cairo and New York. In markets where we don’t have our own team, we have access to a network of over 40 trusted local brokers.
Despite the difficult operating environment in FEM, EFG Hermes has been able to leverage the full cycle of its experience in navigating market volatility in MENA. With a dedicated frontier platform now in place, the Firm has been able to differentiate itself by using its existing distribution platform to offer a more comprehensive and integrated set of products than its competitors.
EFG Hermes in 2018
On-the-ground presence in 12 markets across 4 continents
2 newly inaugurated FEM offices (Nigeria & Bangladesh)
3 new branches in Egypt
Execution capability across 100% of FEM
(75 markets)