EFG Holding Co SAE 2018 Annual Report with Sustainability Disclosures
The report highlights EFG Hermes' transformation from a pure-play investment bank into a diversified financial services corporation across frontier emerging markets in 2018. Key achievements include expanding its geographic footprint to 12 countries with new offices in Bangladesh and Nigeria, and growing its Non-Bank Financial Institution (NBFI) platform, which surpassed EGP 1 billion in revenues. The company also entered into a major partnership with GEMS Education to build Egypt's largest private education platform and successfully divested its 49% stake in a 998 MW wind power portfolio through Vortex Energy. Additionally, EFG Hermes became the first Egyptian financial services company to sign the United Nations Principles for Responsible Investment (UNPRI).
Company: EFG Holding Co SAE
Sector: Finance & insurance
Country: Egypt
Year: 2018
Type: Annual Report with Sustainability Disclosures
Pages: 89
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EFG Holding Co SAE
Annual Report
The report highlights EFG Hermes' transformation from a pure-play investment bank into a diversified financial services corporation across frontier emerging markets in 2018. Key achievements include expanding its geographic footprint to 12 countries with new offices in Bangladesh and Nigeria, and growing its Non-Bank Financial Institution (NBFI) platform, which surpassed EGP 1 billion in revenues. The company also entered into a major partnership with GEMS Education to build Egypt's largest private education platform and successfully divested its 49% stake in a 998 MW wind power portfolio through Vortex Energy. Additionally, EFG Hermes became the first Egyptian financial services company to sign the United Nations Principles for Responsible Investment (UNPRI).
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees