BLOM Bank SAL (BDB:BLBD) is in talks to sell its Egyptian unit. The company is said to be in talks with Arab Banking Corporation (B.S.C.) (BAX:ABC) to complete the deal. Even though both entities are involved in talks, there is no certainty that a deal will be reached.

Blom Bank owns 99.42% of the issued share capital of BLOM Bank Egypt S.A.E.