Egyptian investment bank EFG-Hermes said on Thursday it does not manage any portfolios for the family of President Hosni Mubarak, who was ousted last week in a popular revolt.
"EFG-Hermes Holding does not manage any funds or portfolios for the family of the former president of Egypt," the bank said in a statement released by the stock exchange.
EFG-Hermes said it had also received a statement from its executives confirming they had no direct or indirect personal or financial ties to the Mubarak family.
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