Latest in Tag: Bank Audi Highlight
Latest in Tag: Bank Audi
Bank Audi Egypt CEO steps down, Bank ABC chief to leave within days
Sources indicated that Bedir is currently choosing between several offers from other banks operating in the Egyptian market, with his new position to be announced at a later time.
Bank Audi Egypt to launch new internet, mobile banking applications soon
Bank is keen on improving customer banking experience, by providing more ease in carrying out all banking transactions with best security measures: Iman Badr
COVID-19 crisis doubled mobile, internet banking users at Bank Audi – Egypt: CEO
Bank aims to automate some procedures to apply for loans, cards through digital onboarding systems, says Mohamed Bedir
Bank Audi – Egypt reports EGP 10bn increase in assets, deposits during 2020
Bank Audi – Egypt has revealed that its total assets rose to EGP 85.6bn at the end of 2020, compared to EGP 75.3bn at the end of 2019. The latest figures represent an increase of EGP 10.3bn, and a growth rate of 13.7%.
First Abu Dhabi Bank fully acquires Bank Audi’s Egypt operations
Transaction is expected to be completed within next few months
Jordan’s Capital Bank acquires Lebanon’s Bank Audi units in Iraq, Jordan
Accordingly, these acquisitions will increase the consolidated assets of Capital Bank to 3.6 billion Jordanian dinars, the bank group said in the statement.
FAB to resume negotiations for Bank Audi – Egypt acquisition
Bedir added that the two banks held fruitful discussions early this year, and made significant progress on many points.
Bank Audi – Egypt reports EGP 1bn PBT in H1 2020
Bank’s positive indicators solidify presence in Egyptian market, support local expansion plans: CEO Mohamed Bedir
Emirates NBD eyes acquisition of Bank Audi Egypt alongside BLOM Bank
BLOM Bank Egypt reportedly received takeover offer from First Abu Dhabi Bank
Significant increase in customers using Bank Audi electronic channels: Egypt CEO
COVID-19 has contributed to changing behaviour patterns of large proportion of banking sector customers, says Mohamed Bedir
Bank Audi – Egypt announces positive COVID-19 case at administrative building
Bank Audi – Audi has informed the Ministry of Health of the situation, and highlighted that the adequacy and integrity of the procedures followed and taken by the bank were checked.
NBG-Egypt’s intransigence with its employees threatens acquisition deal with Bank Audi
CBE gives last chance for conflicting parties to reach solution
Settlement on workers’ rights to delay approval of NBG-Egypt sale to Bank Audi
Tripartite meeting of CBE’s Legal Advisor, Regional Director, and Legal Affairs Director at NBG Bank to discuss employees’ demands
Bank Audi has yet to apply for CBE approval to acquire NBG-Egypt: Helal
In May, Bank Audi signed the final acquisition contract of the NBG-Egypt, however sealing the deal currently depends on the approval of both the CBE and Banque Du Liban, the central bank of Lebanon
Bank Audi-Egypt adds ‘Meeza’ card features on its debit, credit cards
Bank Audi- Egypt aims to support development of electronic payment system in Egypt by reducing dependency on cash, in addition to promoting financial inclusion: Bedeir
Bank Audi net profit score EGP 326m in Q1 2019
Bank will continue to grow as one of most important banking institutions in Egypt, Middle East: Bedeir
Bank Audi Egypt seeks to strengthen its presence in Egyptian market
Bank can support its presence among largest financial institutions in Egypt, Middle East, says Bedir
Bank Audi signs final agreement for acquisition of NBG Egypt
Deal depends on approval of both CBE, Banque Du Liban
Bank Audi plans to open nine new branches in Egypt
Bank Audi plans to expand its footprint in Egypt in 2019. As part of Audi’s nationwide branch expansion plan, nine new branches will be inaugurated in strategic locations mostly outside Greater Cairo to cover more governorates and to reach more diversified segments of customers. Driven by uncompromising mission to offer the best banking services and …
Bank Audi aims to increase corporate Islamic finance portfolio to EGP 1bn by end 2018
Bank currently offers 12 different Shariah-compliant services through three branches
Banks to continue supporting government developmental plan in 2018: Fayed
We expect Egyptian economy in 2018 to witness higher growth rates reaching 4.5-5% more than prior year
Bank Audi Egypt launched youth products during Financial Inclusion Week
Increasing financial inclusion eliminates informal economy, says Fayed
Bank Audi Egypt represents 15% of group’s size, to increase further to 30%: Fayed
Egypt enjoys a special position in Bank Audi Group, which supports Bank Audi Egypt continuously
EGP 2.5bn syndicated loan to Majid Al Futtaim
Alex Bank and the National Bank of Abu Dhabi will act as account banks
Bank Audi-Egypt participates in Economic Summit loan with EGP 400m: Fayed
The total loan value is at EGP 10bn, of which Bank Audi-Egypt provided EGP 400m. The other banks involved in the loan include the National Bank of Egypt, Banque Misr, Banque du Caire, QNB, United Bank of Egypt, and Arab Bank.
Bank Audi earnings rise 63.2% in Q1 2015: Deputy Chairman
Bank provided loan worth $90m to EEHC for emergency plan to solve electricity crisis in summer of 2015
Bank Audi aims to increase SMEs’ funding portfolio to EGP 400m by end 2015
Individual funding portfolio in Audi Bank in Egypt has reached EGP 2.4bn at the end of December 2014. General Manager of Audi Bank Egypt Mohamed Abbas Fayed said that the volume of small and medium enterprises (SMEs) portfolio has reached EGP 160m, noting that the bank aims to increase the portfolio funding to EGP 400m …
MasterCard, Bank Audi, Alfa, Touch turn smartphones into virtual payment tools
The entities partner up to produce cutting-edge technology that allows consumers to conduct daily transactions from their smartphones