EFG Holding Reports 6.5B EGP Q2 Revenue
EF GHC Group achieved revenues of 6.5 billion Egyptian pounds in the second quarter of 2026, marking a 7% year-over-year increase. The growth was driven by expansions in the loan portfolio of Next Bank and higher revenues from EF GHC Finance, which rose by 15% to two billion pounds, and Next Bank, which increased by 30% to 2.1 billion pounds. Meanwhile, EF GHC Hermes reported revenues of 2.4 billion pounds, with its results impacted by exchange rate fluctuations. Net profit after tax grew by 3% to reach 776 million pounds, with profits in some sectors such as EF GHC Finance and Next Bank increasing by up to 33% and 50%, respectively. The group is focused on strengthening its financial position and reducing costs to face economic and geopolitical challenges.
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