{"id":591786,"date":"2019-12-17T04:44:43","date_gmt":"2019-12-17T04:44:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/national-bank-of-oman-to-exit-egypt-by-march-2020\/"},"modified":"2019-12-17T04:44:43","modified_gmt":"2019-12-17T04:44:43","slug":"national-bank-of-oman-to-exit-egypt-by-march-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/national-bank-of-oman-to-exit-egypt-by-march-2020\/","title":{"rendered":"National Bank of Oman to exit Egypt by March 2020"},"content":{"rendered":"<p><strong>National Bank of Oman plans Egypt exit by the end of 1Q2020:<\/strong> The National Bank of Oman\u2019s board of directors has decided to close its last branch in Egypt by the end of next March, the bank said in <a href=\"https:\/\/ent.news\/2019\/12\/2140.pdf\">a disclosure filed at the Muscat Securities Market (pdf)<\/a>. The exit is still subject to regulatory approval, the statement said. The bank has been trying to exit the Egyptian market since 2012 but hasn\u2019t been successful in selling its asset portfolio, forcing it to liquidate the business instead, <a href=\"https:\/\/hapijournal.com\/2019\/12\/16\/%d8%a7%d9%84%d8%a8%d9%86%d9%83-%d8%a7%d9%84%d9%88%d8%b7%d9%86%d9%8a-%d8%a7%d9%84%d8%b9%d9%85%d8%a7%d9%86%d9%8a-%d9%8a%d8%aa%d8%ae%d8%a7%d8%b1%d8%ac-%d9%86%d9%87%d8%a7%d8%a6%d9%8a%d8%a7-%d9%85%d9%86\/\">according to Hapi Journal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Bank of Oman plans Egypt exit by the end of 1Q2020: The National Bank of Oman\u2019s board of directors has decided to close its last branch in Egypt by the end of next March, the bank said in a disclosure filed at the Muscat Securities Market (pdf). The exit is still subject to regulatory [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,10203,10961,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-591786","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-exit","tag-national-bank-of-oman","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"311fe41c-2eba-41ca-beda-04ff4cedc71c","is_powered_by":true,"section_story_id":"b4a3d9c2-a3fc-4c89-8f7c-72befbd95171","story_type":"1","photo_url":"","photo_position":"above","related_issue":[591774],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>National Bank of Oman to exit Egypt by March 2020 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/national-bank-of-oman-to-exit-egypt-by-march-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"National Bank of Oman to exit Egypt by March 2020\" \/>\n<meta property=\"og:description\" content=\"National Bank of Oman plans Egypt exit by the end of 1Q2020: The National Bank of Oman\u2019s board of directors has decided to close its last branch in Egypt by the end of next March, the bank said in a disclosure filed at the Muscat Securities Market (pdf). The exit is still subject to regulatory [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/national-bank-of-oman-to-exit-egypt-by-march-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-17T04:44:43+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/national-bank-of-oman-to-exit-egypt-by-march-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/national-bank-of-oman-to-exit-egypt-by-march-2020\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"National Bank of Oman to exit Egypt by March 2020\",\"datePublished\":\"2019-12-17T04:44:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/national-bank-of-oman-to-exit-egypt-by-march-2020\/\"},\"wordCount\":101,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"exit\",\"National Bank of Oman\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/national-bank-of-oman-to-exit-egypt-by-march-2020\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/national-bank-of-oman-to-exit-egypt-by-march-2020\/\",\"name\":\"National Bank of Oman to exit Egypt by March 2020 - 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An official at the bank\u2019s investor relations department told the local press that its Egypt arm is one of its best performing\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/591.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":637792,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/national-bank-of-greece-reportedly-looking-to-exit-egypt\/","url_meta":{"origin":591786,"position":1},"title":"National Bank of Greece reportedly looking to exit Egypt","author":"enterpriseam admin","date":"26 November 2017","format":false,"excerpt":"National Bank of Greece to exit Egypt? The National Bank of Greece is reportedly looking for advisors on the potential sale of its 17 branches in Egypt, Al Borsa reports. The move is part of the bank\u2019s restructuring plan mandated by the European Commission after Greece\u2019s government debt crisis. 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The bank had inherited the activities when it\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":565439,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/08\/nbg-is-officially-saying-goodbye-to-egypt\/","url_meta":{"origin":591786,"position":3},"title":"NBG is officially saying goodbye to Egypt","author":"enterpriseam admin","date":"8 April 2021","format":false,"excerpt":"The National Bank of Greece (NBG) is set to terminate its activities in the Egyptian market after having submitted a formal request to the Central Bank of Egypt, according to Greek news outlet Business Daily. 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