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EFG, also known as the Egyptian Financial Group, became the first investment banking firm in Egypt when it was established by Dr Mohamed Taymour in 1984. Holding was founded in 1993 under the newly promulgated Capital Markets Law 95.
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EFG International's largest shareholder is EFG Bank European Financial Group, a Swiss bank based in Geneva, holding about 45.4% of its capital. This is in turn a distinct and separate sub-group of European Financial Group EFG (Luxembourg) (“EFG Group”), based in Luxembourg. In addition, BTG Pactual holds 19.8% of EFG International.
In March 1999, Bank of Athens merged with EFG Eurobank SA. [3] [16] [17] In 2000 the bank changed its name to EFG Eurobank Ergasias SA after taking over the renowned Ergasias Bank. [3] In 2002 it acquired Telesis Investment Bank, followed by UnitBank in 2003. [18] A financial products subsidiary was founded in 2007 (49.9% owned by employees).
EFG Bank European Financial Group SA is a bank based in Geneva, Switzerland, authorised and supervised by the Swiss FINMA and specialising in classical private banking services. It owns ca. 44% of EFG International , a global private banking group headquartered in Zurich, Switzerland, and listed on the SIX Swiss Exchange (EFGN), specialising in ...
EFG may refer to: . EF-G or elongation factor G; Edge-defined film-fed growth; Edinburgh Film Guild; Effective field goal percentage in basketball; Effingham station, in Illinois, United States