EFG Hermes’ Research division is the region’s leading provider of equity and strategy research products, offering an ever-expanding roster of retail and institutional clients with in-depth coverage of both MENA and FEM economies and companies. The division now covers over 300 stocks across 22 countries and has plans to continuously expand coverage. The division, which currently has on-the-ground presence in Egypt, Saudi Arabia, the UAE, Kenya, Nigeria, Bangladesh, and Pakistan, was also a key driver of the Firm’s IPO executions as ECM activity picked up across its markets during the year.
“This continued recognition from Institutional Investor is a testament to the strength of EFG Hermes’ Research Division and their ability to provide world-class intelligence that has become indispensable to our FEM investors,” said Mohamed Ebeid Co-CEO of the Investment Bank at EFG Hermes. “A strong research division is one of the cornerstones of securing new listings and effectively marketing them to international institutional investors — and EFG Hermes Research has been involved in six new listings this year alone. With an already expansive pipeline of deals lined up in the coming period, we are confident that we have the expertise to provide clients with the quality advisory and research facilities they have come to expect of us.”
About EFG Hermes
With a current footprint spanning thirteen countries across four continents, EFG Hermes started in Egypt and has grown over 37 years of success to become a leading financial services corporation with access to emerging and frontier markets. Drawing on our proven track-record and a team of more than 5,500 talented employees, we provide a wide spectrum of financial services that include investment banking, asset management, securities brokerage, research and private equity to the entire MENA region.
In 2015, EFG Hermes launched its Non-Bank Financial Institutions (NBFI) Platform, which overlooks activities in the non-banking finance field covering microfinance, leasing, factoring, consumer finance, mortgage and insurance. This falls in line with the Firm’s strategy to focus on two main pillars: product diversification and geographic expansion into non-MENA markets, which has seen the Firm establish a physical presence in Pakistan, Bangladesh, Vietnam, Kenya, Nigeria, the United Kingdom and the United States.
For further information about EFG Hermes, please visit www.efghermes.com
For further information, please contact:
EFG Hermes Media
May El Gammal
Group Head of Marketing & Communications
Note on Forward-Looking Statements
In this press release, EFG Hermes may make forward looking statements, including, for example, statements about management’s expectations, strategic objectives, growth opportunities and business prospects. These forward-looking statements are not historical facts but instead represent only EFG Hermes’ belief regarding future events, many of which, by their nature are inherently uncertain and are beyond management’s control and include among others, financial market volatility; actions and initiatives taken by current and potential competitors; general economic conditions and the effect of current, pending and future legislation, regulations and regulatory actions. Accordingly, the readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made.
© Press Release 2021