Effective 11 August, Bank ABC has completed the acquisition of BLOM Bank Egypt, following a successful mandatory tender offer and securing all necessary regulatory approvals The acquisition will more than triple Bank ABC’s market share in Egypt and create a new platform to turbocharge growth in this core MENA market Bank ABC is set to more than double its branches in Egypt, diversify service offerings for wholesale, retail, SME, and corporate customers, and offer an unparalleled digital banking experience Manama, Bahrain: Arab Banking Corporation (B.S.C.) (“Bank ABC”) today announced the ...