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Monday, 4 April 2022

EFG Hermes again tops Egypt league table, NBE dominates Bloomberg syndicated loan table

EFG Hermes topped the EGX’s brokerage league table once again in March, with a market share of 23.5%, according to figures from the EGX (pdf). Rounding out the top five were CI Capital (11%), Al Ahly Pharos (7.9%), Arqaam (6.2%) and Cairo Capital (5.9%).

The National Bank of Egypt was at the top of Bloomberg’s African syndicated loans league table as a financing agent, lead manager and promoter in 1Q2022, according to a statement (pdf) from the lender. The state-owned bank managed nine transactions worth more than EGP 35 bn during the quarter — more than any other bank in the Middle East and Africa, the statement read. The bank finished 2021 at or near the top of the league table.

MENA rankings: NBE came in third in the MENA region as a financing agent, and fourth as a lead manager.

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