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Bahrain s ABC triples Egypt market share with BLOM unit takeover

Bahrain's Arab Banking Corp (ABCB.BH) has completed the acquisition of a 99.5% stake in the Egyptian unit of Lebanon's BLOM Bank (BLOM.BY), which will allow ABC to triple its market share and balance sheet in Egypt.

Bank ABC closes acquisition of BLOM Bank Egypt

Arab Banking Corporation (Bank ABC) has announced the completion of its acquisition of a 99.5% stake in BLOM Bank Egypt, significantly enhancing Bank ABC’s presence in the Mena region, and deepening its roots in the Egyptian market.

Bank ABC Expands Presence In Egyptian Market By Closing The Acquisition Of Blom Bank Egypt

Bank ABC Expands Presence In Egyptian Market By Closing The Acquisition Of Blom Bank Egypt
albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.

Le libanais Blom Bank cède sa filiale égyptienne à Bank ABC

Le libanais Blom Bank cède sa filiale égyptienne à Bank ABC
agenceecofin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agenceecofin.com Daily Mail and Mail on Sunday newspapers.

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