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Atraca un banco en Beirut para sacar dinero de su cuenta

Atraca un banco en Beirut para sacar dinero de su cuenta
telecinco.es - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telecinco.es Daily Mail and Mail on Sunday newspapers.

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Bahrain's Bank ABC to acquire Blom Bank Egypt


Bank ABC to acquire Blom Bank Egypt
MANAMA, January 17, 2021
Bahrain-based Arab Banking Corporation (Bank ABC), a leading financial institution in the Middle East, said that it has entered into an agreement with Blom Bank Lebanon to acquire its 99.4% stake of Blom Bank Egypt.
The proposed cash consideration to be offered by Bank ABC for 100% of Blom Bank Egypt under the acquisition is EGP6.700 million ($427 million).
The acquisition, subject to regulatory approvals in Bahrain, Egypt and Lebanon, is expected to complete in the second quarter (Q2) of 2021.
The acquisition will contribute to:
•    Reposition Bank ABC s Egyptian franchise amongst the top 20 banks in Egypt, delivering significantly greater scale and a more efficient platform ....

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