trending Market Intelligence /marketintelligence/en/news-insights/trending/38uDpWTp_PPF_f0WaTsleg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

EFG Hermes mulls foray into insurance

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

EFG Hermes mulls foray into insurance

EFG-Hermes Holding SAE is looking to enter new sectors in the coming years, including insurance, Daily News Egypt reported, citing CEO Karim Awad.

Awad said the Egyptian lender is yet to decide on the timing of its foray into the insurance market, but that the move will unlikely be carried out in the current fiscal year as it focuses on its current services and activities to boost its market shares.

The executive added that the company is also considering expanding as an integrated investment bank in the African region.

Separately, EFG-Hermes' head of equity management Karim Moussa told the newspaper that the bank is weighing plans to set up a real estate investment fund in 2020, potentially in cooperation with a major real estate developer.