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EFG Holding posts EGP 14.7 billion in full-year revenues

EFG Holding posts EGP 14.7 billion in full-year revenues

The group’s net profit rose 47% YoY to EGP 3.2 billion in 2023, supported by the increase in profit at its brokerage division, asset management, Valu, and aiBANK
aiBANK, Valu unveil exclusive co-branded credit card in partnership with Visa

aiBANK, Valu unveil co-branded credit card in partnership with Visa

The new card will introduce a unique balance transfer program, allowing customers to transfer their balances from any other credit card
aiBANK, Visa partner to enhance digital payments

aiBANK, Visa partner to enhance digital payments

The duo aim to encourage customers to embrace electronic payment solutions across all segments by offering cutting-edge solutions
EFG Holding posts EGP 14.7 billion in full-year revenues

EFG Holding Q2 2023 revenue soars to EGP 3.1 billion

The bank’s operating profit in the three months to June 30 reached EGP 988 million, up 46% y-o-y despite an increase in group operating expenses
aiBank branch

EFG Holding’s aiBANK unveils aiPremier Elite for HNWI clients

Banking services under the segment will provide a seamless and personalised banking experience, ensuring that affluent clients receive priority attention
aiBANK, Valu unveil exclusive co-branded credit card in partnership with Visa

aiBANK joins instant payments through InstaPay

Access to InstaPay App will offer customers a new level of convenience and flexibility in managing their finances and making timely transactions
EFG Holding

EFG Hermes Holding rebrands to EFG Holding

The change in the brand name of the holding company will not impact the current management structure and reporting lines
Karim Awad, EFG Hermes Holding’s Group CEO

EFG Hermes’s Q1 2023 profit jumps 157% to $28.6 million

The bank said its net profit after tax and minority reached $28.6 million (EGP 885 million) in Q1 2023
aiBank branch

EFG Hermes’ aiBank posts EGP 525.6 million FY net profit

aiBank’s outstanding business results follows its acquisition by EFG Hermes and the Sovereign Fund of Egypt

Arab Investment Bank (aiBank) appoints new CEO and Managing Director

Tamer Adel Seif El-Din assumed the position of CEO and Managing Director of the Arab Investment Bank (aiBANK) as of January 2022. The appointment came...