Money Lebanon’s Joseph Torbey named Arab Banker of 2019 by UAB Amwal Al Ghad English Jun 2, 2019 0 Lebanon’s Joseph Torbey was named the Arab Banker of the year 2019 by the Union of Arab Banks (UAB). It is the…
Banks EFG-Hermes Q3 revenues climb 28% Yomna Yasser Nov 15, 2016 0 Egyptian investment bank EFG-Hermes registered a 25 percent year-on-year rise in revenues to reach 294 million…
Banks EFG-Hermes to distribute $121.6 mln from Credit Libanais sale to shareholders Yomna Yasser Jun 12, 2016 0 Egypt's EFG-Hermes announced Sunday it plans to distribute 1.08 billion Egyptian pounds ($121.62 million) from the…
Banks Egypt’s EFG Hermes says completes Credit Libanais stake sale Yomna Yasser Jun 8, 2016 0 Egypt's EFG Hermes has completed the sale of a 40 percent stake worth $310 million in Credit Libanais after…
Banks Lebanon Central Bank nods Hermes to exit Credit Libanais aya salah Jun 5, 2016 0 Beirut Central Bank approved Credit Libanais deal accepting the request of Credit Libanais to sell part of the…
Banks EFG-Hermes drops to Q1 net loss of 63.66 mln Egyptian pounds Yomna Yasser May 11, 2016 0 Egypt's EFG-Hermes dropped to a first-quarter net loss of 63.66 million Egyptian pounds ($7.17 million) from a…
Banks EFG Hermes board approves Credit Libanais stake sale for $33/share Yomna Yasser Mar 17, 2016 0 Egypt-based investment bank, EFG Hermes announced in a statement Thursday its board of directors had approved the…
Industry & Trade EFG-Hermes: Q2 Net Profit Hits EGP188 million Yomna Yasser Aug 14, 2014 0 EFG Hermes, the leading investment bank in the Arab world, reported on Thursday its financial results for Q2-14,…
Banks EFG-Hermes Swing to Normalized 4Q2013 Profit Yomna Yasser Mar 27, 2014 0 EFG Hermes (HRHO.CA) reported today its financial results for the fourth quarter and full year 2013. The firm…
Indices news EFG-Hermes Rebuts Plans to Sell Stake in Credit Libanais Yomna Yasser Sep 8, 2013 0 Yasser El-Mallawany, Board Member of EFG-Hermes (HRHO.CA), stated that the company is not planning to sell its…
Indices news EFG-Hermes Turns into Loss in Q2 Due to Asset Disposal Yomna Yasser Sep 1, 2013 0 EFG Hermes (HRHO.CA), the leading investment bank in the Arab world, maintained a sharp focus throughout the first…
Indices news EFG-Hermes Plans Asset Sales As QInvest Deal Fails Yomna Yasser May 2, 2013 0 EFG-Hermes Holding SAE (HRHO.CA), Egypt’s largest investment bank, said it will sell assets and cut costs after an…
Banks Eight Lebanese Banks Among Top 1,000 In The World Amwal Al Ghad English Jul 11, 2012 0 In its 2012 survey of the world’s top 1,000 commercial banks, The Banker magazine included eight Lebanese banks on…
Indices news Sawiris Backs Planet IB’s Bid For EFG-Hermes Yomna Yasser Jun 3, 2012 0 Egyptian billionaire Naguib Sawiris is helping finance a takeover bid for Egypt's biggest investment bank EFG…
Indices news EFG-Hermes 2011Net Profits Lower 63% Yomna Yasser Apr 9, 2012 0 Egyptian bank EFG-Hermes (HRHO.CA) reported a 63 percent drop in 2011 net profit on Sunday as the economic fallout…