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Bank ABC asks central bank to start due diligence on Blom Bank Egypt
M&A WATCH- Bank ABC asks CBE for green light to start due diligence on Blom Bank: Bahrain’s Arab Banking Corporation…
Bank ABC enters race to acquire Blom Bank’s Egypt assets
M&A WATCH- The GCC scramble for Lebanese banks continues as Bank ABC enters race for Blom Bank’s Egypt assets: Bahrain’s…
CIB, MNHD sign EGP 1.1 bn syndicated loan agreement
Our friends at CIB will be leading a consortium to arrange a EGP 1.1 bn syndicated loan for Madinet Nasr…
What we’re tracking on 26 August 2020
It’s another busy news day as we speed toward the week’s end, starting with the fact that bank hours just…
National Bank of Egypt expands internet, mobile banking platforms
The National Bank of Egypt (NBE) has added new services to its internet banking platform its mobile banking app, the…
Amer to acquire EGP 1 bn loan from unnamed Egyptian bank
Amer Group is closing in on an agreement for a EGP 1 bn loan from an unnamed local bank to…
Local banks joining UAE’s Mashreq in arranging USD 360 mn loan to Evergrow
At least five banks — the National Bank of Egypt, Banque Misr, Suez Canal Bank, the Housing and Development Bank,…
Egypt’s CIB reports 100% uptick in use of digital services for bank transactions
CIB reports 100% uptick in use of digital services: Leading private sector bank CIB has seen a 100% y-o-y increase…
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