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Thursday, 21 July 2022

Euromoney awards for HSBC, EFG Hermes and CIB

EFG Hermes, HSBC and CIB walked away with awards from the 2022 Euromoney Awards for Excellence last week.

  • HSBC was named best bank for environmental, social and governance (ESG) standards in Egypt and received the awards for the Middle East’s best investment bank and best bank for sustainable finance for the fourth year in a row (statement, pdf);
  • EFG Hermes took home the award for best CSR in Egypt;
  • CIB was recognized as best bank in Egypt for SME banking and digital solutions, and was named the Middle East’s best bank for SMEs.

Fawry partners up with World Bank-backed initiative to help women-led SMEs: Fawry will work with the World Bank-backed Women Entrepreneurs Finance Initiative (We-Fi) to help train Egyptian women entrepreneurs in e-commerce under the World Bank and International Finance Corporation-funded program (pdf), it said yesterday. The e-payments giant will help train female entrepreneurs on digital marketing, export markets and shipping, and online payment gateways, Hassan Abdelgelil, Fawry’s chief investment officer, told Enterprise.

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Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.