#Arab Banking Corporation

Banking & Finance

Bank ABC announces 2021 results, reports a net profit of US$100 million attributable to the shareholders of the parent

MEA Finance - February 14, 2022 0

The Group delivered solid results during 2021, benefitting from a pick-up in activities across its core markets and much lower impairment charges. The current...

Appointments

Bank ABC Egypt appoints new MD and CEO

MEA Finance - August 23, 2021 0

Arab Banking Corporation (“Bank ABC”) announced today the appointment of Amr Tharwat as new MD and CEO of its Bank ABC Egypt franchise. The...

Banking & Finance

Bank ABC expands presence in Egyptian market by closing the acquisition of BLOM Bank Egypt

MEA Finance - August 11, 2021 0

Arab Banking Corporation (Bank ABC) today announced the completion of its acquisition of a 99.5% stake in BLOM Bank Egypt S.A.E. (BLOM Bank Egypt),...

Banking & Finance

Bank ABC enters agreement to acquire Blom Bank Egypt

MEA Finance - January 17, 2021 0

Arab Banking Corporation (“Bank ABC”) announces that it has entered into an agreement with Blom Bank S.A.L. (“Blom Bank Lebanon”) on Friday 15 January...