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  5. National Bank of Kuwait S.A.K.P. Acquires National Bank of Kuwait - Egypt

M&A Deal Summary

National Bank of Kuwait S.A.K.P. Acquires National Bank of Kuwait - Egypt

On November 1, 2007, National Bank of Kuwait S.A.K.P. acquired financial services company National Bank of Kuwait - Egypt

Acquisition Highlights
  • This is National Bank of Kuwait S.A.K.P.’s 1st transaction in the Financial Services sector.
  • This is National Bank of Kuwait S.A.K.P.’s 1st transaction in Egypt.

M&A Deal Summary
Date 2007-11-01
Target National Bank of Kuwait - Egypt
Sector Financial Services
Buyer(s) National Bank of Kuwait S.A.K.P.
Deal Type Add-on Acquisition
Advisor(s) EFG Holding (Financial)

Target

National Bank of Kuwait - Egypt

New Cairo, Egypt
National Bank of Kuwait - Egypt provides corporate, retail, and investment banking services. The company provides corporate banking services, including working capital finance, capital equipment finance

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Buyer(S) 1

Buyer

National Bank of Kuwait S.A.K.P.

Kuwait City, Kuwait
Category Company
Founded 1952
Sector Financial Services
DESCRIPTION

Since its incorporation in 1952 as the first indigenous bank and the first shareholding company in the entire Gulf region, NBK has been known as ‘The Bank You Know And Trust’.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Egypt M&A 1 of 1
Year: 2007 M&A 1 of 1
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