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Top News In Blom Bank Egypt Today - Breaking & Trending Today

IFLR Middle East Awards 2023: winners announced

IFLR is delighted to reveal the winning deals, teams, law firms and individuals for the Middle East Awards 2023 ....

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Bank ABC profit up 54pc; operating income hits record $1bn

Bank ABC (Arab Banking Corporation) has announced that its net profit for 2022 rose to $154 million, up 54% over the previous year, while its total operating income crossed the historic $1 billion mark with a significant 29% headline growth. ....

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Bank ABC completes legal merger of key Egyptian subsidiaries

Bank ABC (Arab Banking Corporation) said it has completed the legal merger of its two Egyptian subsidiaries - Blom Bank Egypt and Bank ABC Egypt. The merger comes following the Bahraini bank’s acquisition of a 99.5% stake in Blom Bank Egypt last year. ....

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Standard Chartered eyes churning out profits from Egypt

Egyptian authorities are betting on Standard Charter's expertise to boost online banking and stoke competitiveness. ....

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Bank ABC swings to $100m net profit in 2021

Arab Banking Corporation (Bank ABC) has recorded a net profit of $100 million for 2021 compared to a net loss of $89 million the previous year, benefitting from a pick-up in activities across its core markets and much lower impairment charges. ....

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