Customers will be able to conduct their banking transactions and services in all branches under the new brand called FABMISR
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Bank Audi
UAE banking giant says Egyptian takeover deal to be completed in 2022
First Abu Dhabi Bank initiates the process of share transfer for 100% of the share capital of Bank Audi (Egypt)
Bank Audi
Lebanese banks seek deadline extension to ultimatum to increase capital by 20%
Central bank governor says if Lebanese banks fail to increase their capital by 20% by the end of February, they must exit the market
Bank Audi
UAE’s largest bank signs deal to buy Egypt ops of Lebanese lender Bank Audi
First Abu Dhabi Bank announces first international acquisition with deal for Bank Audi Egypt
Bank Audi
First Lebanese banking merger since 2019 agreed as capital pressures rise
Bank Audi says it is merging the local business operations of Audi Private Bank and Audi Investment Bank into its business
Bank Audi
Beirut’s ghost apartments are haunting the economy
The recent withdrawal of a central bank-subsidised housing loan scheme has pushed even more potential buyers away
Bank Audi
Lack of leadership in Lebanon has banks paying highest interest rates on deposits
Average rates on dollar deposits rose to 4.11 percent, a level not seen since February 2008. Similar interest rates in Jordan were at 4.38 percent at the end of May