3rd Nov 2008 07:30
RNS Number : 2533H
Bank Audi SAL- Audi Saradar Group
03 November 2008
FOR IMMEDIATE RELEASE
PRESS RELEASE
Beirut, 3 November, 2008
Bank Audi sal - Audi Saradar Group and EFG-Hermes Holding Company sae jointly announce that, in light of current financial market conditions, they have discontinued their discussions regarding a possible combination of the two institutions.
The parties confirm that they will continue their collaboration on a number of projects and activities which add value to their respective customers and shareholders base.
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Bank Audi sal – Audi Saradar Group
Beirut
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EFG-Hermes Holding Co, sae
Cairo
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