EFG Hermes is opening a representative in Dhaka, Bangladesh, to serve its global institutional clients. “Bangladesh is a key market as part of our drive to expand our representation in high-potential frontier emerging markets,” said EFG Hermes Holding Group CEO Karim Awad. He added that the group is “actively exploring opportunities in both Sub Saharan Africa and Southeast Asia with a view to entering one more market this year.” EFG’s presence in Dhaka comes “after several successful investor trips in recent months; which clarified that our clients demanded corporate access to explore compelling opportunities in the Bangladeshi economy and on the Dhaka Stock Exchange,” EFG Hermes Frontier CEO Ali Khalpey says. Bangladesh has consistently been one of the world’s fastest growing over each of the past seven years.
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