Cash-rich EFG-Hermes, Egypt's biggest investment bank, said it was seeking more acquisitions after buying a 65 percent stake in Lebanon's Credit Libanais late last year.
The Cairo-based bank, which has up to $6.2 billion in assets under management, said it also was working to improve Egypt's bonds market and hoped to take advantage of private-public partnerships being promoted by the government.
"We are looking at Africa. Africa is going to be our next move in the investment banking field. In commercial banking, Syria is a market that we are really interested in," Chief Executive Officer Yasser El Mallawany said in an interview.
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