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Unnamed NBFS firm enters race for Blom Bank Egypt
M&A WATCH- Competition for Blom Bank acquisition could heat up as third potential suitor enters the race: Another foreign financial…
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…
Blom Bank confirms potential Egypt exit
M&A WATCH- Blom Bank confirms potential Egypt exit as Lebanon falls into deeper economic crisis: Lebanon’s Blom Bank confirmedyesterday that…
Emirates NBD eyes purchase of Blom Bank’s Egypt assets
M&A WATCH- Emirates NBD is considering purchasing Blom Bank’s Egypt assets, HapiJournal reports, citing unnamed sources familiar with the matter.…
SME lenders and digital banks to be made exempt from new capital requirements in proposed Banking Act
EXCLUSIVE- SME lenders and digital banks to be made exempt from new capital requirements in proposed Banking Act: The proposed…
Demand for acquisitions in Egypt’s banking sector is soaring — but nobody really wants to sell
M&A WATCH- With profits hitting record highs, Egypt’s banks are ripe M&A targets — but nobody really wants to sell,…
Blom Egypt Securities applies for short selling license
Blom Egypt Securities has applied for a short selling license from the Financial Regulatory Authority (FRA), Managing Director Mohamed Fathalla…
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