EFG Hermes KSA joins ISLA as new member 12 February 2025Saudi Arabia Reporter: Daniel Tison
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The International Securities Lending Association (ISLA) has welcomed EFG Hermes KSA as a new member.
Located in Riyadh, EFG Hermes KSA, an EFG Holding company, belongs to major financial institutions in Saudi Arabia, offering clients a range of financial services and solutions.
Through its investment banking, securities brokerage, and research services, EFG Hermes KSA allows investors to access local opportunities and companies.
With more than 200 member firms, ISLA represents the common interests of securities lending and financing market participants across EMEA.
Through its member working groups and securities lending guides, ISLA also plays a role in the creation and promotion of market best practices and processes.
In February 2024, ISLA published the first inaugural guide focused on the securities lending market in Saudi Arabia.
Working with member firms and relevant stakeholders in the region, the Developing Markets Group is a forum for considering the development of capital markets across EMEA, and the role that securities lending can play in that development.
In response to the recent growth of the Middle East, especially Saudi Arabia, as a key player in the securities lending space, Securities Finance Times is holding a symposium in Riyadh on 29 April.
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