EFG Hermes set to expand securities services
18 June 2025 Saudi Arabia
Image: Ayman/stock.adobe.com
EFG Hermes, an EFG Holding company, will expand its product offerings to include securities borrowing and lending (SBL) services.
The expansion into securities lending is set to provide institutional investors with improved portfolio efficiency and new revenue streams.
The services, launching in Q3 of this year, also signal the company's mission to support a wider range of trading strategies, as well as encouraging greater institutional participation in the Saudi financial market.
Saud Altassan, CEO of EFG Hermes KSA, says: “Adding SBL to our product offerings aligns with our commitment to providing investors with more flexibility and access to advanced trading strategies.”
Ahmed Waly, global head of brokerage at EFG Hermes, adds: “The newly introduced SBL services enhance market efficiency and investment flexibility for our clients.”
The expansion into securities lending is set to provide institutional investors with improved portfolio efficiency and new revenue streams.
The services, launching in Q3 of this year, also signal the company's mission to support a wider range of trading strategies, as well as encouraging greater institutional participation in the Saudi financial market.
Saud Altassan, CEO of EFG Hermes KSA, says: “Adding SBL to our product offerings aligns with our commitment to providing investors with more flexibility and access to advanced trading strategies.”
Ahmed Waly, global head of brokerage at EFG Hermes, adds: “The newly introduced SBL services enhance market efficiency and investment flexibility for our clients.”
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