Tuesday 15, April 2008 by

National Bank of Kuwait expands in Egypt with acquisition of Al Watany Bank

At a conference in Egypt to announce its acquisition of Al Watany Bank, Ibrahim Dabdoub, chief executive officer of NBK Group, said that “this is a significant milestone in NBK’s regional expansion strategy and also reflects NBK’s increasing interest in the growing Egyptian banking sector. NBK believes that the Egyptian economy will continue its strong growth over the long term”.

Features & Analyses

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