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EFG-Hermes participated in the IPO of what it describes as "one of the largest global microfinance companies" on the London Stock Exchange.
Hermes said in a statement that the £ 125 million deal ($ 164.16 million) is the initial public offering of EFG-Hermes savings in Bangladesh.
According to the press release, Asa International (ASI), in which Hermes participated, serves approximately 1.9 million customers in 12 countries on the Asian and African continents.
Hermes took on the role of co-manager of the joint venture with Investec, [Getty Images] [Getty Images] Citi Global Markets acted as sole global coordinator for the IPO and took on the role of chief underwriter.
The head of the emerging markets sector at Hermes in London, Ali Khalabi, said: In emerging and emerging markets since the launch of its expansion strategy.
Hermes began implementing its strategy of expanding emerging and emerging markets in early 2017. This led to the opening of representative offices in Pakistan, Kenya and Bangladesh. Assign the job to the UK.
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