First Abu Dhabi Bank in discussions with Bank Audi.
BANKING AND CREDIT NEWS-January 24, 2020--First Abu Dhabi Bank in discussions with Bank Audi
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Global Banking News - 24 January 2020
First Abu Dhabi Bank (FAB) has said that it is in discussions with Bank Audi.
The firms are in discussions for a deal that would lead to the acquisition of Bank Audi's fully-owned subsidiary in Egypt, Bank Audi-Egypt.
FAB said that it is reviewing the acquisition and no valuations have been announced so far. There is no certainty that a deal will be finalised, the bank said.
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