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Arab Banking Corporation signs initial contract to acquire BLOM Bank Egypt

Sources revealed that senior BLOM Bank Egypt leaders held meetings last week to discuss the bank’s new strategy under the acquisition process.

Latest in Tag: Arab Banking Corporation

Daily News Egypt has learned that the Arab Banking Corporation (ABC) has signed a preliminary contract with BLOM Bank to close the acquisition of its Egypt operations.

Arab Banking Corporation signs initial contract to acquire BLOM Bank Egypt

Sources revealed that senior BLOM Bank Egypt leaders held meetings last week to discuss the bank’s new strategy under the acquisition process.

Hossam Mounir

December 6, 2020

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