Our friends at EFG Hermes KSA will launch securities lending and borrowing services in the Kingdom in 3Q 2025, as part of their product offerings expansion, it said in a statement (pdf) yesterday.

The services enable clients to generate passive income by lending out securities that are not actively traded, without the need to sell them. They also allow hedge funds, investors, and major financial institutions to implement arbitrage and hedging strategies when trading.

What they said: “As the Kingdom's capital market continues to evolve, we aim to support liquidity, enhance market efficiency, and create new [prospects] for institutional investors,” CEO Saud Altassan said.

ICYMI- EFG Hermes made a play for the Saudi market last November with the launch of a USD 300 mn Saudi Education Fund, a few months after EFG Holding announced its plan to increase its staff in the Kingdom by 30% to 47 employees amid a rush of IPO activities.

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