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National Bank of Egypt to take over Banque Misr’s UAE branches: Statement

The UAE central bank has issued preliminary approval for a request by the National Bank of Egypt (NBE) to acquire Banque Misr’s branches in the country, the two Egyptian banks said on Tuesday. The two Egyptian banks said the restructuring will ensure business continuity and protect customer rights, following a…

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Click here to read the full story: Khaleej Times

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