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EFG Holding

Banking & Finance

EFG Holding’s quarterly profit surges by 95% to EGP 791 million

MEA Finance -
The banking group’s commercial banking division posted EGP 426 million in Q2 net profit, a 55% YoY as revenue growth outpaced the growth in expenses
Banking & Finance

aiBANK unveils a daily savings account with interest rates of up to 20%

MEA Finance -
Customers who opt for the new savings account can earn a daily interest rate of up to 20%
Banking & Finance

EFG Hermes buys minority stake in Danish fintech, Kenzi Wealth

MEA Finance -
The acquisition of a minority stake in Kenzi Wealth represents EFG Hermes’ significant commitment to driving innovation in the fintech sector
Banking & Finance

EFG Holding posts EGP 14.7 billion in full-year revenues

MEA Finance -
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
Banking & Finance

Egypt’s valU rebrands into a universal financial tech firm

MEA Finance -
The new brand identity reflects the financial technology firm’s dedication to innovation and efficiency.
Banking & Finance

EFG Holding posts EGP 3.1 billion in Q2 2023 revenue

MEA Finance -
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
Banking & Finance

Egypt’s aiBANK unveils aiPremier Elite for HNWI clients

MEA Finance -
aiPremier Elite features a bespoke banking experience providing non-banking services, including personal assistance benefits

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