Investment Banking Licenses in Syria

EFG Hermes Receives Investment Banking Licenses in Syria

The Syrian Commission on Financial Markets and Securities has granted EFG Hermes Syria L.L.C. (under establishment) full advisory and corporate finance (excluding underwriting), research, securities brokerage and asset management licenses.

It is worth noting that EFG Hermes is currently establishing EFG Hermes Syria L.L.C. with a paid-in capital equivalent to USD5 million in order to begin operations on the Syrian market as soon as possible. Dina Al-Sonbaty Managing Director  Corporate Affairs and Investor Relations[email protected]