Baker McKenzie advises Blom Bank on the disposal of Egyptian subsidiary
Blom Bank Egypt SAE has been acquired by Arab Banking Corp, which intends to build on the €352 million transaction to become one of the country’s 20 largest banks.
Someone shares this article with you
▪ Baker McKenzie advises Blom Bank on the disposal of Egyptian subsidiary
▪ Blom Bank Egypt SAE has been acquired by Arab Banking Corp, which intends to build on the €352 million transaction to become one of the country’s 20 largest banks.
▪ https://www.africabusinessplus.com/en/806813/baker-mckenzie-advises-blom-bank-on-the-disposal-of-its-egyptian-subsidiary/
The consulting team was led by Mohamed Ghannam, managing partner, head of projects at Helmy, Hamza & Partners, Baker McKenzie Cairo. A graduate of Cairo University and Harvard, he worked on the Mostorod refinery project ($3.7 billion), one of the largest PPPs in Egyptian infrastructure history.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Health
23/07/2021 at 16h18, by Africa Business+
Baker McKenzie advises Afreximbank on Nigeria hospital project
Last month, the multinational financial institution partnered with the UK’s King’s College Hospital...
News
12/07/2021 at 16h44, by Africa Business+, updated 13/07/2021
Egypt: COMESA Commission gives green light to ABC’s takeover of Blom Bank
The group, chaired by Saddek Omar El Kaber, has seen the competition commission of the regional institution...
Hotel business
04/05/2021 at 17h33, by Africa Business+, updated 05/05/2021
Egyptian Ministry of Defence demands $4 million from hotelier Mahmoud Al Boghdady in Washington DC
More information on this dispute with Jeune Afrique Business+.
Bank
05/02/2021 at 16h21, by Africa Business+
Emirates NBD still targets Egypt after failing to acquire Blom Bank
The Dubai banking institution believes the growth opportunity would allow its local subsidiary to overcome...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.