EFG Holding Co SAE 2024 AR2
The report highlights EFG Holding's remarkable growth in 2024, achieving record consolidated revenues of EGP 24.4 billion, up 66% year-on-year. The company successfully rebranded its commercial banking arm to Bank NXT, expanding its customer base by over 52%. In sustainability, EFG Holding advanced its commitment to clean energy through Vortex Energy, which has offset millions of tonnes of CO2 since inception, and launched the USD 300 million Saudi Education Fund to invest in K-12 education. Additionally, the EFG Foundation continued its integrated sustainable development projects in Upper Egypt, positively impacting over 500,000 beneficiaries.
Company: EFG Holding Co SAE
Sector: Financials
Country: Egypt
Year: 2024
Type: AR2
Pages: 120
EFG Holding Co SAE
Annual Report
The report highlights EFG Holding's remarkable growth in 2024, achieving record consolidated revenues of EGP 24.4 billion, up 66% year-on-year. The company successfully rebranded its commercial banking arm to Bank NXT, expanding its customer base by over 52%. In sustainability, EFG Holding advanced its commitment to clean energy through Vortex Energy, which has offset millions of tonnes of CO2 since inception, and launched the USD 300 million Saudi Education Fund to invest in K-12 education. Additionally, the EFG Foundation continued its integrated sustainable development projects in Upper Egypt, positively impacting over 500,000 beneficiaries.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board