By continuing to use the site you agree to our Privacy & Cookies policy

EFG Hermes moots RBS Pakistan offer

Egypt's investment bank, EFG Hermes has asked for a permission to carry out due diligence on the Pakistan assets on Royal Bank of Scotland (RBS), ahead of a potential offer for RBS Pakistan, Meed magazine has reported. In March 2009 RBS announced that it was planning a $300bn sell off of assets to boost its balance sheet. Included in this were the bank's Middle East operations.

  • Email
  • Save
  • Email
  • Share
  • Save

Newsletter Sign-up

More sector and country newsletters

Subscribe to MEED to receive your choice of premium newsletters

Find out more

Follow MEED on

Linkedin     Twitter     RSS Newsletter