Friday 26 February 2021
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Bank ABC to acquire Blom Bank Egypt

Arab Banking Corporation (B.S.C.) (Bank ABC) is pleased to announce that it has entered into an agreement with Blom Bank S.A.L. (Blom Bank Lebanon) on Friday 15 January 2021, to acquire its 99.4% stake of Blom Bank Egypt S.A.E. (Blom Bank Egypt). Completion of the acquisition is subject to a number of conditions and approvals [ ]


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acquire

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Egypt

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