Bank Audi SAL

Jordan's Capital Bank Group finalised a deal on Tuesday to acquire top Lebanese lender Bank Audi's businesses in Iraq and Jordan in move to diversify and expand its operations, the bank's chairman said.

Jordan's Capital Bank <EXFB.AM> has begun due diligence on buying Lebanese Bank Audi's <AUDI.BY>> Iraq and Jordan units in an acquisition that will help the Jordanian bank to diversify and expand domestically and regionally, its chairman said.

First Abu Dhabi Bank (FAB) <FAB.AD> plans to restart talks to buy the Egyptian business of Lebanon's Bank Audi <AUDI.BY>, two sources familiar with the matter said.

First Abu Dhabi Bank (FAB) <FAB.AD> plans to restart talks to buy the Egyptian business of Lebanon's Bank Audi <AUDI.BY>, two sources familiar with the matter said.

First Abu Dhabi Bank (FAB) said on Monday it mutually agreed with Lebanon's Bank Audi to stop the potential acquisition of its Egypt business, according to a statement.

First Abu Dhabi Bank <FAB.AD> (FAB) has put on hold discussions to acquire the Egyptian assets of Lebanon's Bank Audi <AUDI.BY> due to difficult market conditions, two sources told Reuters.

First Abu Dhabi Bank (FAB) has put on hold discussions to acquire the Egyptian assets of Lebanon's Bank Audi due to difficult market conditions, two sources told Reuters. FAB, the United Arab Emirates' biggest lender, communicated the request a few days ago to Bank Audi,...

First Abu Dhabi Bank <FAB.AD> will decide in the second quarter whether to buy Bank Audi's Egyptian business, a senior executive said on Monday, as it looks to expand in the Arab world's most populous nation.

First Abu Dhabi Bank expects to decide whether it will buy Bank Audi's Egyptian business in the second quarter, a senior executive said on Monday.

Lebanon's Bank Audi has collected $210 million in a cash contribution in the first phase of a sector-wide equity increase required by the central bank, a Bank Audi official told Reuters on Thursday.

Lebanon's Bank Audi has collected $210 million in a cash contribution in the first phase of a sector-wide capital increase required by the central bank, a Bank Audi official told Reuters on Thursday.

Lebanon's Bank Audi has appointed Egypt's EFG Hermes as a financial advisor and Zulficar & Partners Law Firm as legal advisor in a deal to sell its Egyptian unit, financial newspaper Al Mal reported on Sunday.

Lebanon's Bank Audi <AUDI.BY> said on Thursday it was in exclusive negotations with First Abu Dhabi Bank <FAB.AD> to sell its Egyptian unit in a move aimed at boosting its liquidity and financial resilience.

United Arab Emirates'(UAE) largest lender First Abu Dhabi Bank (FAB) <FAB.AD> is in talks to potentially acquire the Egyptian subsidiary of Lebanon's Bank Audi,<AUDI.BY> two sources familiar with the matter told Reuters.

Lebanon's Bank Audi <AUDI.BY> is considering selling its Egyptian subsidiary after receiving interest from lenders, its chief financial officer told Reuters, indicating a possible strategy rethink as Lebanon grapples with a financial crisis.

Egypt's central bank said in statement on Monday it had not received a request from Lebanon's Bank Audi to sell its Egyptian unit.

Lebanon’s Bank Audi posted a 7 percent rise in first-quarter net profit to $122 million despite falls in deposits and loans, the bank said in a statement.

Bank Audi SAE has begun due diligence on buying National Bank of Greece's branches in Egypt, a banker involved in the process said.

Lebanon's Bank Audi said on Wednesday its 2018 net profit climbed 8 percent to $501 million, citing factors including a decrease in operating expenses.