Regulation, Risk & Compliance
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Kuwait's Al Ahli Bank rebrands subsidiary in Egypt
Al Ahli Bank of Kuwait (ABK) has rebranded Sunday its subsidiary in Egypt, Piraeus Bank Egypt, under the new name ABK Egypt. Earlier, Kuwait's Al Ahli Bank closed in November 2015, a deal to acquire a 98.5 percent stake in Piraeus Bank's Egypt unit for $150 million.
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