Annual Report

Overview

The report presents EFG Hermes Holding's 2021 transformation into a universal bank following its acquisition of a 51% stake in aiBANK, alongside strong growth across its investment banking and NBFI platforms. Consolidated revenue is reported as EGP 6,043,421,132 in the financial statements, while operating revenue is presented elsewhere as EGP 6.1 billion. Renewable-energy activity continued through Vortex Energy IV, and the Group issued an updated Group-wide ESG Policy while maintaining its UNGC membership and CSR initiatives.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2021
Period: 1 January 2021 – 31 December 2021
Publication date: 23 March 2022
Language: English
Pages
File size
Restatement: Disclosed

Standards

Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Statement included

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