EFG Hermes meets necessary conditions for Arab Investment Bank acquisition
Bank’s issued, paid-up capitals increase to EGP 5bn
The Sovereign Fund of Egypt and EFG Hermes Holding sign agreements for the acquisition of 76% of Arab Investment Bank
Transaction will be capital increase that will raise Bank’s paid-in capital to…
EFG Hermes sets Arab Investment Bank acquisition deal in motion
Stakes of EFG Hermes, Sovereign Fund of Egypt in AIB would stand…
Arab Investment Bank acquisition expected to be finalised by early Q2 2021
EFG Hermes, TSFE aim to jointly obtain 76% stake in AIB through…
Omayma Farahat appointed as new chairperson of AIBANK succeeding Seif Al-Nasr
Farhat previously served as head of corporate credit sector at Ahli United…
PACT obtains EGP 120m loan from Arab Investment Bank
Loan targeted towards financing PACT’s White Bay
Arab Investment Bank aims to boost loans portfolio to EGP 15bn by end-2018: chairperson
We eye 50% growth in financing, 30% in deposits, profits, says Seif…
AIBK participates in Sacrifice Voucher programme in cooperation with EFB
The chairperson of the Arab Investment Bank (AIBK), Hany Seif Al-Nasr, announced…
AIBK signs cooperation protocol with Chinese TEDA SE ZONE Development operating in SCZone
The bank soon will sign a cooperation protocol with the SIDC to…
AIBK signs cooperation protocol with DFC to offer its services to investors
New branch will be opened in the city to finance feeding, complementary…