BLOM Bank is considering selling its stake in BLOM Bank Egypt in view of the current conditions in Beirut and in compliance with the decisions of the Central Bank of Lebanon to increase the capital.
According to Reuters, the bank said that a request has been submitted to the Central Bank of Egypt to obtain the necessary approvals in this regard ... The Central Bank of Egypt has agreed to start a process. Negative examination of ignorance.
BLOM Bank Egypt is affiliated with BLOM Bank Group and began operating in Egypt in 2005 and has about 28 branches. A comprehensive restructuring process took place for the bank over the past years.
and the bank continued the completion of the sale process. Egypt and its personnel in accordance with the relevant laws and regulations.
(Amazon fun knowledge)
