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Bank ABC launches Blom MTO
Bahrain’s Bank ABC has submitted a mandatory tender offer to acquire up to 100% of Blom Bank Egypt, the Financial…
Bank ABC gets acting CEO and MD, Endeavor Egypt appoints new MD
Mohamed Taha has been appointed acting CEO and managing director of Bank ABC Egypt, according to the bank’s new management…
AUC has new trustees; Bank Audi CEO + Bank ABC chairman resign
The American University in Cairo (AUC) recently appointed Shahira Zeid (bio) and Wael Bayazid (bio) as new members of its…
CBE to issue regulatory framework for specialized banks by July?
Specialized banks could have a regulatory framework by July under proposed amendments to the newly passed Banking Act which would…
Blom Bank is one step closer to leaving Egypt
The acquisition of Blom Bank Egypt by Bahrain’s Bank ABC will get approval from the Central Bank of Egypt (CBE)…
Bank ABC is within arm’s reach of Blom Bank
Bahrain’s Bank ABC is finalizing its acquisition of Lebanon’s Blom Bank’s Egypt arm after getting the green light from Bahrain…
Bank ABC isn’t yet buying Blom’s ins. arm
Bank ABC could be getting majority stakes in Blom Bank subsidiary AropeIns. Egypt, Hapi Journal reports, citing unnamed sources with…
And, scene: Act I of the Great Lebanese Bank Sell Off
M&A WATCH- It’s official: Blom Bank is selling its Egypt arm to Bahrain’s Bank ABC in an EGP 6.7 bn…
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