Emirates NBD Bank to acquire retail banking business of HSBC Egypt

Emirates NBD Bank to acquire retail banking business of HSBC Egypt  Reuters

Emirates NBD Egypt S.A.E. has entered into definitive agreements to acquire the retail banking business of HSBC Bank Egypt S.A.E. in a transaction expected to generate an estimated pre-tax gain of approximately $0.3bn for the HSBC Group. The deal, expected to complete in the second half of 2027 subject to regulatory ap

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