Latest in Tag: Blom Highlight
Latest in Tag: Blom

BLOM BANK announces execution of SPA for Egypt operations
A definitive agreement has been signed by BLOM Bank and the Arab Banking Corporation (Bank ABC) that will see the former sell its entire 99.4% stake in its Egypt operations to the latter. In an announcement by the two sides, the sale will take place subject to its obtaining the necessary approvals from the Central …

Bank ABC completes acquisition of BLOM Bank’s Egypt operations for $480m
BLOM Bank Egypt employees expect new owners’ delegation to review work system

CIB named best bank in Egypt this year, Ahli United Bank most efficient, NBE dominates customer satisfaction: Business News
EG Bank doubles its financial position, remains fastest growing bank for the second year in a row