{"id":628573,"date":"2018-05-08T04:12:37","date_gmt":"2018-05-08T04:12:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/egypt-is-the-second-most-important-country-for-blom-bank\/"},"modified":"2018-05-08T04:12:37","modified_gmt":"2018-05-08T04:12:37","slug":"egypt-is-the-second-most-important-country-for-blom-bank","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/egypt-is-the-second-most-important-country-for-blom-bank\/","title":{"rendered":"Egypt is the second most important country for Blom Bank"},"content":{"rendered":"<p><strong>Egypt is the second most important country for Blom Bank: <\/strong>Egypt is the second most important country for us, says Saad Azhari, Chairman of Lebanon\u2019s Blom Bank. In <a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2018-05-06\/blom-bank-s-azhari-says-things-in-lebanon-getting-better-video\">an interview with Bloomberg TV<\/a> that mostly covered Lebanon, Azhari found time to hint at the company\u2019s expansions in Egypt, saying that \u201cEgypt is definitely a priority for us.\u201d The bank is opening new branches and offering more services \u201cat a very fast pace.\u201d He credits improvement in the economic climate to this expansion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt is the second most important country for Blom Bank: Egypt is the second most important country for us, says Saad Azhari, Chairman of Lebanon\u2019s Blom Bank. In an interview with Bloomberg TV that mostly covered Lebanon, Azhari found time to hint at the company\u2019s expansions in Egypt, saying that \u201cEgypt is definitely a priority [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":628574,"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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b402612a-b014-4197-abd8-1788a8ae72da","order":"0","is_powered_by":true,"section_story_id":"3b49aff1-038a-4570-b2d6-44b5736c268c","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/5\/1150.jpg","photo_position":"above","related_issue":[628561],"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>Egypt is the second most important country for Blom Bank - 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\/2018\/05\/08\/egypt-is-the-second-most-important-country-for-blom-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt is the second most important country for Blom Bank\" \/>\n<meta property=\"og:description\" content=\"Egypt is the second most important country for Blom Bank: Egypt is the second most important country for us, says Saad Azhari, Chairman of Lebanon\u2019s Blom Bank. In an interview with Bloomberg TV that mostly covered Lebanon, Azhari found time to hint at the company\u2019s expansions in Egypt, saying that \u201cEgypt is definitely a priority [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/egypt-is-the-second-most-important-country-for-blom-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-08T04:12:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1150.jpg?fit=%2C&ssl=1\" \/>\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\/2018\/05\/08\/egypt-is-the-second-most-important-country-for-blom-bank\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/egypt-is-the-second-most-important-country-for-blom-bank\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt is the second most important country for Blom Bank\",\"datePublished\":\"2018-05-08T04:12:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/egypt-is-the-second-most-important-country-for-blom-bank\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/egypt-is-the-second-most-important-country-for-blom-bank\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1150.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/egypt-is-the-second-most-important-country-for-blom-bank\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/egypt-is-the-second-most-important-country-for-blom-bank\/\",\"name\":\"Egypt is the second most important country for Blom Bank - 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According to Azhari, the bank expects its Egypt operations to see a 50% growth in profitability this year, and plans to increase its physical presence as well\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":626805,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/11\/lebanons-blom-bank-sees-significant-growth-from-egypt-arm\/","url_meta":{"origin":628573,"position":1},"title":"Lebanon\u2019s Blom Bank sees \u201csignificant growth\u201d from Egypt arm","author":"enterpriseam admin","date":"11 July 2018","format":false,"excerpt":"Lebanon\u2019s Blom Bank is seeing \u201csignificant growth\u201d from its arm in Egypt this year, Chairman Saad Azhari said yesterday, according to Reuters\u2019 Arabic service. As a whole, the bank expects to see a minor increase in its profits, according to the chairman. Azhari had previously given props to Egypt\u2019s improving\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574168,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/01\/bank-abc-asks-central-bank-to-start-due-diligence-on-blom-bank-egypt\/","url_meta":{"origin":628573,"position":2},"title":"Bank ABC asks central bank to start due diligence on Blom Bank Egypt","author":"enterpriseam admin","date":"1 September 2020","format":false,"excerpt":"M&A WATCH- Bank ABC asks CBE for green light to start due diligence on Blom Bank: Bahrain\u2019s Arab Banking Corporation (Bank ABC) has submitted a request to conduct due diligence on Blom Bank\u2019s Egypt assets ahead of a potential acquisition, Hapi Journal reports. Bank ABC is in the running to\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":576290,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/18\/bank-abc-confirms-its-still-in-for-blom-bank-egypt\/","url_meta":{"origin":628573,"position":3},"title":"Bank ABC confirms it\u2019s still in for Blom Bank Egypt","author":"enterpriseam admin","date":"18 November 2020","format":false,"excerpt":"M&A WATCH- Bank ABC is pushing forward with Blom Bank Egypt acquisition talks: The Arab Banking Corporation (Bank ABC) has confirmed it\u2019s still in talks with Lebanon\u2019s Blom Bank to acquire its Egypt branch, but added the standard disclaimer that \u201cthere is no certainty that any transaction will be completed,\u201d\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":575552,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/19\/blom-bank-egypt-sale-could-wrap-in-november-sources-say\/","url_meta":{"origin":628573,"position":4},"title":"Blom Bank Egypt sale could wrap in November, sources say","author":"enterpriseam admin","date":"19 October 2020","format":false,"excerpt":"M&A WATCH- Blom Bank\u2019s sale of its Egypt arm could be completed in November, with offers from Emirates NBD and Bahrain\u2019s Bank ABC expected within \u201cdays,\u201d Al Masry Al Youm reports, citing sources with knowledge of the transaction. Emirates NBD completed due diligence last week while Bank ABC is expected\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":574910,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/27\/bank-abc-begins-due-diligence-on-blom-bank-egypt\/","url_meta":{"origin":628573,"position":5},"title":"Bank ABC begins due diligence on Blom Bank Egypt","author":"enterpriseam admin","date":"27 September 2020","format":false,"excerpt":"M&A WATCH- Bank ABC starts due diligence on Blom Bank Egypt: The Arab Banking Corporation (ABC) has begun due diligence on Blom Bank Egypt ahead of a submitting an offer to acquire the Lebanese bank\u2019s Egypt assets, Al Shorouk reports, citing unnamed sources familiar with the matter. 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