Tag: EFG Holding
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%
Customers who opt for the new savings account can earn a daily interest rate of up to 20%
EFG Hermes buys minority stake in Danish fintech, Kenzi Wealth
The acquisition of a minority stake in Kenzi Wealth represents EFG Hermes’ significant commitment to driving innovation in the fintech sector
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
Egypt’s EFG Finance secures license for its new NBFI venture
The new venture is poised to complement EFG Finance’s core offering by catering to the financing needs of SMEs in Egypt
EFG Holding’s Valu, Bosta partner to advance logistic solutions
The innovative approach is expected to significantly enhance the convenience and affordability of shopping for customers
EFG Holding’s valU rebrands into a financial tech firm
The new visual identity reflects the financial technology firm’s dedication to innovation and efficiency
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
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
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