Emirates NBD Egypt to acquire HSBC Egypt's retail banking business
· Egyptian market news · ARAB
Emirates NBD Egypt has signed definitive agreements to acquire the retail banking operations of HSBC Bank Egypt, expanding its presence in one of the group's core regional markets, as per a press release.
The transaction, which is subject to regulatory approvals and customary closing conditions, covers HSBC Egypt's retail banking portfolio, including its customers, branch…
Source: Arab Finance — read the original story