EFG Hermes Will Start Securities Lending Services in Saudi Arabia by the Third Quarter
EFG Hermes, a top investment bank based in Cairo, plans to start offering Securities Borrowing and Lending (SBL) services in Saudi Arabia by the third quarter of 2025. This move is part of the bank’s continued growth in the region.
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New Financial Service in Saudi Arabia
EFG Hermes KSA has launched a new service in Saudi Arabia to help improve how investors manage their portfolios. The service is designed for big investors like asset managers, family offices, and financial institutions. It aims to support advanced trading strategies and create new ways for them to earn money.
EFG Hermes KSA said this is an important step that matches the changing needs of clients and global financial trends. The goal is to improve market liquidity, support smarter trading, and encourage more institutional investors to join the Saudi market through a system called securities lending and borrowing (SBL).
This new SBL service lets investors lend or borrow stocks. This helps improve trading strategies and allows investors to earn extra income without selling their shares, said Ahmed Waly, Global Head of Brokerage at EFG Hermes.
The SBL system also helps with short-selling in a regulated way, which makes the market more flexible and efficient.
Key Statement
“As Saudi Arabia’s financial market grows, we want to improve liquidity, make the market work better, and give institutional investors new opportunities,” said Saud Altassan, CEO of EFG Hermes KSA.
He added that their goal is to offer smart financial solutions that make the market stronger and more advanced.
The SBL service is especially helpful for hedge funds and other big investors who use complex strategies. It also allows pension funds and asset managers to earn passive income by lending their stocks instead of selling them.
EFG Hermes believes this system will make Saudi Arabia more attractive to international investors and boost its place in global financial markets.
Published: 18th June 2025
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