More on National Bank of Kuwait
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“There are not too many Egyptian banks for sale now” |
When it does, it plans to set up a $106.3 million banking subsidiary. NBK would hold a 49% share of the new lending operation, the maximum allowed by the Syrian authorities. Once NBK gains entry into the Syrian market, it will have a presence in all of the leading markets in the Middle East and Arab region, following the completion last month of investments in Egypt and Turkey.
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