Saturday, 27 November 2021 11:32 GMT

Egyptian EFG Hermes expands to Bangladesh


(MENAFN Egypt-based investment bank EFG Hermes was revealed to have launched a representative office in Bangladesh.

EFG Hermes Holding Group Chief Executive Officer Karim Awad stated "Bangladesh is a key market as part of our drive to expand our representation in high-potential frontier emerging markets."

Frontier operations' chief executive Ali Khalpey pointed out that the bank is proving its execution potentials within various markets that include Morocco, Nigeria and Vietnam.

Khalpey also explained the new office is to primarily be to "facilitate the investment of foreign portfolios and our direct investment clients who want to invest directly in the broader economy of Bangladesh in sectors such as financial services, pharmaceuticals and infrastructure."

MENAFN3101201800450000ID1096410222


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.