Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
AfricaSeptember 2 2007

Foreign bankers impressed with Egypt’s reform process

National Bank of Kuwait’s (NBK) winning tender bid last month to buy Egypt’s Al-Watany Bank for $516m reflects not only NBK’s regional expansion strategy but also growing confidence in the Egyptian banking system.
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial