Tharwat will be taking the role as Bank ABC is in the final stages of its acquisition of BLOM Bank Egypt
The group of fraudsters stole around EGP 2.7 million through an estimated 13 fraud incidents
The merger is still subject to regulatory approval and expected to conclude in Q1 2022
Denying an earlier news report, the government will not be liquidating NIB, but is currently working on a restructuring plan said Negm
The CBE’s recent decisions have led to an intense selling wave in banking sector stocks. Evidence, however, invalidates investors’ concerns
