Egyptian investment bank EFG Hermes buys minority stake in fintech platform

By Dilasha Seth

  • 21 May 2024
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Ahmed Waly, global head of broking, EFG Hermes

EFG Hermes, the investment banking arm of Egypt’s largest financial institution EFG Holdings, acquired a minority stake in a Danish artificial intelligence-led digital wealth manager to expand its product and services portfolio and propel its digitalization vision. The leading investment bank in the MENA region picked a minority stake in a ......

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