The two banks said in a joint statement on Tuesday that they had reached an initial agreement to reorganize their UAE operations as part of efforts to integrate their overseas banking presence and ensure an orderly transfer of business.
The agreement is in line with President Abdel Fattah El-Sisi's initiative to strengthen the industrial sector's pivotal role.
The bank was committed to feeding all its ATMs, spread throughout the country, to meet the cash needs of citizens 24/7.
