Bahrain’s Bank ABC starts due diligence on Blom Bank Egypt
Bahrain-based The Arab Banking Corporation (ABC) has started due diligence on Blom Bank Egyptahead of submitting an…
Browsing Tag
Blom Bank Egypt
Beltone Financial is not interested in acquiring Blom Bank Egypt: Sawiris
Beltone Financial, Orascom Investment Holding's non banking financial arm, is not interested in attaining Blom Bank…
Bahrain’s Bank ABC in early talks to acquire Lebanese Blom Bank operations in Egypt
Bahrain’s Arab Banking Corporation (Bank ABC) has confirmed that it’s engaged in talks to attain the Egyptian…
First Abu Dhabi Bank submits binding offer for BLOM Bank’s Egypt unit – sources
First Abu Dhabi Bank (FAB) has made a binding offer to buy the Egyptian unit of Lebanon’s BLOM Bank, sources…
A third yet-unnamed suitor enters race to Acquire Blom Bank Egypt
Competition heated as another foreign non-banking financial institution is said to have entered the race with…
Lebanese BLOM’s sale of Egypt unit to raise lender’s capital – Moody’s
Lebanese BLOM Bank's sale of its Egyptian unit would provide much-needed capital enhancement, said Moody’s in a…
Emirates NBD negotiating to acquire Blom Bank Egypt
Emirates NBD, the leading banking group in the region, is in early talks with Lebanon's Blom Bank for a potential…
Lebanese BLOM Bank studies sale of Egypt’s unit
Lebanon-based BLOM Bank is studying sale of its stake in BLOM Bank Egypt as part other strategic options amid the…
BLOM Bank Egypt temporarily closes New Cairo office as employee suspected of having…
BLOM Bank Egypt, part of Lebanon’s lender BLOM, said on Sunday its New Cairo office would be temporarily closed as…
Arope Insurance of Properties-Egypt profits at $1.4 mln in FY2019
Arope Insurance of Properties and Liabilities - Egypt posted profits worth 23 million Egyptian pounds ($1.4…
AfDB 2023