Bahraini Bank ABC finalises acquisition of Blom Bank’s unit in Egypt
The Arab Banking Corporation (Bank ABC) has announced on Wednesday its compilation of the legal merger of its two…
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Arab Banking Corporation
ABK-Egypt Bank joins Instant Payment Network ‘InstaPay’
Egypt’s Al Ahli Bank of Kuwait (ABK) has joined the InstaPay mobile application, which allow clients to process…
Bahrain’s Bank ABC names Amr Tharwat as Egypt CEO
Bahrain’s Arab Banking Corporation (Bank ABC) said on Monday it has named Amr Tharwat as new managing director and…
Bahrain’s Bank ABC says Egypt market share tripled with Blom unit takeover
Bahrain’s Arab Banking Corporation (Bank ABC) said on Wednesday its market share and balance sheet in Egypt are…
Shareholders of Blom Bank Egypt agree to sell to Bahrain’s Bank ABC
Shareholders representing about 99.5 percent of the shares of Blom Bank Egypt have accepted the mandatory tender…
First Abu Dhabi Bank to finish due diligence on Bank Audi’s Egyptian unit before year-end
First Abu Dhabi Bank (FAB) plans to complete due diligence and submit a binding offer to acquire Bank Audi’s…
Bahrain’s ABC may sign definitive deal to buy Blom’s Egypt business soon
Bahrain’s Arab Banking Corporation (Bank ABC) are set to sign a definitive purchase agreement soon to buy Blom…
Blom Bank negotiating with Bahrain’s Arab Banking Corp to sell Egyptian unit
Lebanon’s Blom Bank has entered exclusive negotiations with Bahrain’s Arab Banking Corporation (Bank ABC) to…
Redcon to deliver ABC bank’s new Egypt HQ building in Sept.
Egypt-based Redcon Construction Company says it is planning to deliver the Egyptian headquarters of Arab Banking…
Afreximbank, 8 Egyptian banks prep for US$525mn electricity loan
A consortium of eight Egyptian banks in addition to the African Export-Import Bank (Afreximbank) is bracing for…
