With regards to the recent rumors circulating in the media about the possibility of BLOM BANK exiting the Egyptian market, the Bank’s General Management assures that these rumors have absolutely no basis. In fact, the Bank has no intentions of selling its investments in Egypt and there are no negotiations taking place in this regard.
In light of the above, BLOM BANK Egypt denies this fake news and reiterates that its strategy will continue to focus on expanding and growing its business in Egypt