March 28 (Reuters) - EFG HERMES HOLDINGS SAE:
* SAYS UNIT EFG HERMES FACTORING GETS LICENSE TO PROVIDE FACTORING SERVICES IN EGYPTIAN MARKET
* SAYS NEW VENTURE EFG HERMES FACTORING IS SCHEDULED TO BE FULLY OPERATIONAL BY Q3 2018
* SAYS HAS ALLOCATED AN INITIAL EGP 250 MILLION TO OPERATE NEW VENTURE, WHICH FALLS UNDER UMBRELLA OF ITS NON-BANK FINANCE PLATFORM EFG FINANCE HOLDING Source text for Eikon: Further company coverage:
Our Standards: The Thomson Reuters Trust Principles.