EFG Hermes Holding S.A.E.
EFG Holding S.A.E. is a Cairo-based diversified financial institution operating a leading MENA investment bank (EFG Hermes) alongside a universal Egyptian commercial bank (Bank NXT), a listed consumer-finance fintech (Valu), and an NBFI platform spanning microfinance, mortgage, leasing, factoring, and insurance across nine countries.
- Company typePrivate
- Founded1984
- HeadquartersCairo, Egypt
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What EFG Hermes Holding S.A.E. does
EFG Holding S.A.E. (operating through the EFG Hermes brand) is a Cairo-headquartered diversified financial institution that has evolved over four decades from a regional investment bank into a universal financial group. The firm operates two principal divisions: an Investment Bank (EFG Hermes) spanning investment banking, securities brokerage, asset management, private equity, research, and conferences; and a Non-Banking Financial Institutions (NBFI) platform encompassing Bank NXT (a 51%-owned Egyptian commercial bank, formerly aiBANK, rebranded September 2024), Valu (a consumer-finance fintech now listed on the Egyptian Exchange), Tanmeyah (microfinance), Bedaya (mortgage finance, joint venture with GB Corp and TMG), EFG Corp-Solutions (leasing and factoring), Kaf (insurance), and EFG EV Fintech (a micro-VC joint venture established in 2017 with Egypt Ventures).
The company serves institutional investors, corporate clients, retail investors, and micro/small enterprises through on-ground presence in nine jurisdictions (Egypt, UAE, Saudi Arabia, Kuwait, Bahrain, Pakistan, Kenya, Nigeria, and the UK), reaching what it describes as 75 global markets. Its technology footprint is anchored by the EFG Hermes ONE mobile app, which provides retail investors access to mutual funds (money market, USD fixed income, gold, equity, and Sharia-compliant equity) and capital markets products, and by Valu's digital consumer-finance stack.
EFG Holding's revenue model combines transaction-based fees (investment banking advisory and underwriting, securities brokerage, private equity realizations) with recurring/subscription-style income (asset management mandates, commercial banking, NBFI products such as microfinance, leasing, factoring, insurance premiums, and subscription-based research). Distribution operates through enterprise field sales for institutional and corporate mandates, the self-serve ONE app for retail, and dedicated subsidiary networks for NBFI offerings. The firm is described as the top MENA ECM advisor and the leading investment bank in MENA, with the first ISO 22301:2012 business continuity certification among MENA investment banks (BSI, January 2017).
EFG Hermes Holding S.A.E. firmographics
Firmographics- Name
- EFG Hermes Holding S.A.E.
- Legal name
- EFG Holding S.A.E.
- Website
- https://efghermes.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- EFG Holding S.A.E. is a Cairo-based diversified financial institution operating a leading MENA investment bank (EFG Hermes) alongside a universal Egyptian commercial bank (Bank NXT), a listed consumer-finance fintech (Valu), and an NBFI platform spanning microfinance, mortgage, leasing, factoring, and insurance across nine countries.
- Ownership category
- akta.pro rank
EFG Hermes Holding S.A.E. industry classification
Industry- Product category
- Investment Banking
- NAICS
- Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Finance and Insurance (52)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
- akta.pro secondary industries
- Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI), Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps) (FSAEAGAE), Debt Advisory & Financing Advisory (FSAEAGAD), Corporate Finance & Capital Advisory (BPAHADAB)
Keywords
Where EFG Hermes Holding S.A.E. is headquartered
LocationHeadquarters
- HQ city
- Cairo
- HQ country
- Egypt
- HQ region
- Africa
Offices8 records
Markets served
EFG Hermes Holding S.A.E. business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Investment Banking: Advisory, underwriting, and capital markets services for IPOs, M&A, and strategic transactions across MENA markets. EFG Hermes is the top MENA ECM advisor.
- Securities Brokerage: Leading brokerage house serving both institutional and retail clients in MENA with on-ground presence in multiple countries
- Asset Management: Conventional and Sharia-compliant mandates with products tailored to varying investor objectives and risk appetites
- Private Equity: Established track record spanning more than two decades in private equity investments across MENA
- Commercial Banking: Through Bank NXT (formerly aiBANK), providing universal banking services in Egypt
- Non-Banking Financial Services: Microfinance (Tanmeyah), mortgage (Bedaya), leasing and factoring (EFG Corp-Solutions), insurance (Kaf), and financial technology (Valu)
- Research: Award-winning research covering equities, macro, strategy, and index research across hundreds of stocks and numerous geographies
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
EFG Hermes Holding S.A.E. product offering
Product offeringCore offering
EFG Hermes is a MENA-focused investment bank and financial services group providing investment banking advisory and underwriting, securities brokerage, asset management, private equity, equity research, and research conferences. Through subsidiaries it operates Bank NXT (a universal bank in Egypt), a leading NBFI platform offering microfinance, mortgage finance, leasing, factoring, and insurance, and fintech platforms including Valu (consumer finance) and EFG Hermes ONE (digital trading).
Product overview
EFG Hermes Holding S.A.E. is a financial institution with a universal bank in Egypt (Bank NXT) and the leading investment bank in the Middle East and North Africa (MENA). The company operates a diversified platform structured around two main divisions: The Investment Bank (EFG Hermes) encompassing Investment Banking, Securities Brokerage, Asset Management, Private Equity, Research, and Conferences; and NBFI (Non-Banking Financial Institutions) encompassing Bank NXT (commercial banking), Valu (fintech), Bedaya (mortgage finance), Tanmeyah (microfinance), EFG Corp-Solutions (leasing and factoring), Kaf (insurance), and EFG EV Fintech (micro-VC). EFG Hermes ONE serves as the digital platform for retail brokerage and mutual fund distribution. The platform is further supported by a digital app enabling retail investors access to capital markets products.
Differentiator
Problem solved
Functional benefit
Brands
- EFG Hermes ONE: Digital investment platform offering mutual funds, trading, and investment products for retail investors in Egypt.
- Valu
- Bank NXT
- Kaf
- Tanmeyah
- EFG Corp-Solutions
- EFG EV Fintech
Products and services
- Investment Banking Advisory and capital markets services including equity and debt underwriting, M&A advisory, and restructuring, delivered to corporate, institutional, and sovereign clients across MENA.
- Securities Brokerage Execution of equity and fixed income trades across MENA markets for institutional and retail clients, supported by an award-winning equity research product.
- Asset Management Management of pooled investment vehicles and mandates on behalf of institutional and retail investors across regional and international markets.
- Private Equity Private equity investment management and fund placement across MENA-focused opportunities, alongside co-investors and institutional limited partners.
- Equity Research Country- and company-level equity research coverage across MENA, recognized with multiple industry awards, sold to institutional and retail clients.
- Bank NXT (Universal Bank in Egypt) Licensed Egyptian universal bank offering retail, corporate, and digital banking products and services, including deposits, payments, lending, and self-service channels.
- EFG Hermes ONE Mobile Trading App Mobile self-directed trading platform for retail investors to execute trades across MENA-listed equities through the group's brokerage franchise.
- Valu (Consumer Finance Fintech) Consumer and merchant finance super-app offering installment-based purchase financing and related consumer finance products to individuals and merchants in Egypt.
- Tanmeyah (Microfinance) Microfinance lending products targeted at micro and small enterprises and low-income individuals in Egypt who lack access to traditional bank credit.
- Bedaya (Mortgage Finance) Mortgage finance products for residential property buyers in Egypt, distributed through the NBFI arm of the group.
- Kaf (Insurance) Insurance products offered to individuals and businesses as part of the group's NBFI platform in Egypt.
- EFG Corp-Solutions (Leasing and Factoring) Leasing and factoring products for corporate and SME clients in Egypt, delivered through a digital platform.
- EFG EV Fintech (Micro Venture Capital) Micro venture capital investments into early-stage Egyptian startups, operated within the group's fintech portfolio.
Quantifiable outcome
- Top MENA ECM advisor with leading market position
- +1 more outcomes
Companies that use EFG Hermes Holding S.A.E.
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
EFG Hermes Holding S.A.E. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
EFG Hermes Holding S.A.E. partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- WegocoreValu and Wego formed strategic partnership to enhance travel accessibility through flexible payment solutions.
- MNT-HalancoreEFG Hermes working with Citigroup as advisors for MNT-Halan's potential IPO on the Egyptian Exchange, with preliminary investor meetings held and potential transaction valued at USD 900 million to USD 1 billion.
- Palm Hills DevelopmentscoreEFG Hermes acted as sole financial advisor, bookrunner, and underwriter for Palm Hills Developments' EGP 2.015 billion securitized bond issuance, the first under a EGP 30 billion securitization program.
- BostacoreEFG Hermes serves as lead manager for Bosta's planned IPO on the Egyptian Exchange, valued at approximately EGP 8bn ($160m-$170m), with the company floating 20-30% of equity.
- Citigroup Inc.coreJoint advisory partnership with Citigroup for MNT-Halan's potential IPO on the Egyptian Exchange.
- Bank NXT (formerly aiBANK)coreBank NXT (formerly aiBANK), 51% owned by EFG Holding, rebranded in September 2024 as part of strategic transformation in Egypt's commercial banking sector.
- GB CorpminorJoint venture partner for Bedaya mortgage finance alongside TMG (The Map Group).
- TMG (The Map Group)minorJoint venture partner for Bedaya mortgage finance alongside GB Corp offering mortgage finance for TMG developments.
- National Bank of EgyptminorParticipated as underwriter and subscriber for Palm Hills Developments securitization issuance.
- Suez Canal BankminorParticipated as underwriter and subscriber for Palm Hills Developments securitization issuance.
- Arab Banking CorporationminorParticipated as underwriter and subscriber for Palm Hills Developments securitization issuance.
- Emirates NBDminorParticipated as underwriter and subscriber for Palm Hills Developments securitization issuance.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
EFG Hermes Holding S.A.E. competitors and assessment
Company assessmentDirect peers
- Emirates NBD: UAE-headquartered banking group with material investment banking, brokerage, and asset management operations in MENA. Comparable to EFG Hermes as a regional universal financial institution competing on ECM mandates, brokerage, and wealth management across the GCC.
- First Abu Dhabi Bank (FAB): UAE's largest bank with a full investment banking and securities platform covering MENA. FAB competes directly with EFG Hermes on ECM league tables, brokerage, and cross-border M&A advisory, and serves similar institutional and corporate client segments.
- Mashreq: UAE-headquartered bank with a significant capital markets, brokerage, and investment banking franchise across MENA and South Asia. Comparable to EFG Hermes in regional ECM participation, securities brokerage footprint, and corporate banking coverage.
- GFH Financial Group: Bahrain-based investment bank with asset management, private equity, and investment banking activities across the GCC and wider MENA. Closely comparable in business mix to EFG Hermes' investment bank division, particularly in private equity and Sharia-compliant mandates.
- Gulf International Bank (GIB): Bahrain-headquartered wholesale bank owned by GCC governments, focused on investment banking, asset management, and advisory across MENA. Directly comparable to EFG Hermes on regional ECM and M&A advisory mandates for sovereign and corporate clients.
- Abu Dhabi Commercial Bank (ADCB): UAE universal bank with investment banking and brokerage activities serving MENA institutional and corporate clients. Comparable to EFG Hermes in combining retail/commercial banking with capital markets and advisory services.
- National Bank of Kuwait (NBK): Kuwait-headquartered bank with NBK Capital providing investment banking and brokerage across MENA. Comparable to EFG Hermes in combining regional banking strength with dedicated investment banking and asset management subsidiaries.
- Saudi National Bank (SNB): Saudi Arabia's largest bank following the Samba merger, with a sizeable investment banking and brokerage platform competing for top-tier MENA ECM mandates. Closely comparable to EFG Hermes in scale of MENA franchise, ECM league-table presence, and corporate banking.
Broad incumbents
- HSBC Holdings (MENA operations): Global universal bank with deep MENA presence across investment banking, wealth, and commercial banking. Competes with EFG Hermes on cross-border ECM and M&A mandates and serves overlapping institutional clients across the region.
- JPMorgan Chase (MENA operations): Global bulge-bracket bank with an expanding MENA investment banking franchise. Competes directly with EFG Hermes on landmark ECM and M&A mandates and represents the global incumbent benchmark against which EFG Hermes' MENA league-table position is measured.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
EFG Hermes Holding S.A.E. social profiles
Digital presenceEFG Hermes Holding S.A.E. compliance and trust
Trust signalCompliance1 record
EFG Hermes Holding S.A.E. financial estimates
Financial estimateRevenue estimate
Valuation estimate
EFG Hermes Holding S.A.E. leadership team
Management profileNumber of profiles
Profiles19 records
EFG Hermes Holding S.A.E. subsidiaries and ownership
Company hierarchySubsidiaries9 records
EFG Hermes Holding S.A.E. funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EFG Hermes Holding S.A.E. M&A and investment
M&A and investmentM&A5 records
Investments17 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EFG Hermes Holding S.A.E.
What does EFG Hermes Holding S.A.E. do?
EFG Hermes is a MENA-focused investment bank and financial services group providing investment banking advisory and underwriting, securities brokerage, asset management, private equity, equity research, and research conferences. Through subsidiaries it operates Bank NXT (a universal bank in Egypt), a leading NBFI platform offering microfinance, mortgage finance, leasing, factoring, and insurance, and fintech platforms including Valu (consumer finance) and EFG Hermes ONE (digital trading).
Is EFG Hermes Holding S.A.E. a public or private company?
EFG Hermes Holding S.A.E. is a private company. It is classified as unknown and is currently operating.
When was EFG Hermes Holding S.A.E. founded?
EFG Hermes Holding S.A.E. was founded in 1984. It employs 11 to 50 people.
Where is EFG Hermes Holding S.A.E. based?
EFG Hermes Holding S.A.E. is headquartered in Cairo, Egypt, in the Africa region.
How does EFG Hermes Holding S.A.E. make money?
Seven revenue lines are on record. Investment Banking is the primary driver. The others are securities Brokerage, asset Management, private Equity, commercial Banking, non-Banking Financial Services and research.
Who are EFG Hermes Holding S.A.E.'s main competitors?
Direct peers on record are Emirates NBD, First Abu Dhabi Bank (FAB), Mashreq, GFH Financial Group, Gulf International Bank (GIB), Abu Dhabi Commercial Bank (ADCB), National Bank of Kuwait (NBK) and Saudi National Bank (SNB). Broad incumbents are HSBC Holdings (MENA operations) and JPMorgan Chase (MENA operations).
Does EFG Hermes Holding S.A.E. have an API?
No public API is recorded for EFG Hermes Holding S.A.E..
What industry is EFG Hermes Holding S.A.E. in?
EFG Hermes Holding S.A.E.'s product category is Investment Banking. Its primary akta.pro industry code is BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory), with a secondary code of FSACAAAI, Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness). Its NAICS code is 523940 and its SIC code is 6211.