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Bank ABC enters agreement to acquire Blom Bank Egypt

Arab Banking Corporation  has announce that it has entered into an agreement with Blom Bank S.A.L. on Friday 15 January 2021, to acquire its 99.4% stake of Blom Bank Egypt S.A.E.  Completion of the acquisition is subject to a number of conditions and approvals including regulatory approvals in Bahrain, Egypt…

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Source: Bank ABC and Blom Bank Egypt

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