Tuesday, January 21, 2025
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EFG Holding’s quarterly profit surges by 95% to EGP 791 million

EFG Holding’s quarterly profit surges by 95% to EGP 791 million

The banking group’s commercial banking division posted EGP 426 million in Q2 net profit, a 55% YoY as revenue growth outpaced the growth in expenses
AiBANK unveils a daily savings account with interest rates of up to 20%

aiBANK unveils a daily savings account with interest rates of up to 20%

Customers who opt for the new savings account can earn a daily interest rate of up to 20%
EFG Holding posts EGP 14.7 billion in full-year revenues

EFG Holding posts EGP 14.7 billion in full-year revenues

The group’s net profit rose 47% YoY to EGP 3.2 billion in 2023, supported by the increase in profit at its brokerage division, asset management, Valu, and aiBANK
aiBANK, Valu unveil exclusive co-branded credit card in partnership with Visa

aiBANK, Valu unveil co-branded credit card in partnership with Visa

The new card will introduce a unique balance transfer program, allowing customers to transfer their balances from any other credit card
aiBANK, Visa partner to enhance digital payments

aiBANK, Visa partner to enhance digital payments

The duo aim to encourage customers to embrace electronic payment solutions across all segments by offering cutting-edge solutions
EFG Holding posts EGP 14.7 billion in full-year revenues

EFG Holding Q2 2023 revenue soars to EGP 3.1 billion

The bank’s operating profit in the three months to June 30 reached EGP 988 million, up 46% y-o-y despite an increase in group operating expenses
aiBank branch

EFG Holding’s aiBANK unveils aiPremier Elite for HNWI clients

Banking services under the segment will provide a seamless and personalised banking experience, ensuring that affluent clients receive priority attention
aiBANK, Valu unveil exclusive co-branded credit card in partnership with Visa

aiBANK joins instant payments through InstaPay

Access to InstaPay App will offer customers a new level of convenience and flexibility in managing their finances and making timely transactions
EFG Holding

EFG Hermes Holding rebrands to EFG Holding

The change in the brand name of the holding company will not impact the current management structure and reporting lines
Karim Awad, EFG Hermes Holding’s Group CEO

EFG Hermes’s Q1 2023 profit jumps 157% to $28.6 million

The bank said its net profit after tax and minority reached $28.6 million (EGP 885 million) in Q1 2023