Company Analysis of Free Standing Company - National Bank of Egypt - Essay Example

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Company Analysis of Free Standing Company - National Bank of Egypt

This report will analyze National Bank of Egypt as a free standing company and then the characteristics of National Bank of Egypt will be compared with the views of Mira Wilkin with respect to free standing company. Past and Present of the National Bank of Egypt (NBE) and its Acquisitions and Mergers (as a free standing company): National bank of Egypt is the oldest commercial bank of Egypt. It has been operating for the last 114 years. The bank was established in June, 1898, with the investment of one million pounds (National Bank of Egypt a). It is believed that bank of Egypt was formed by partnerships of various important people namely, Sir Ernest Cassel, Isaac Suarez and his siblings Joseph and Felix and various other members. However, since Sir Ernest was keen on not leaving the United Kingdom, therefore, branch office of National bank of Egypt was created in London (National Bank of Egypt UK Branch 2012). Since then National Bank of Egypt has opened various branches around Egypt and some other countries of the world. It has opened its branch in Khartoum in 1901, and in next year Agriculture Bank of Egypt was set active. Similarly, it has merged with various other banks and also has acquired many banks around the globe to capitalize on different opportunities regardless of the geographic region. ...Show more

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BANK OF EGYPT AS A FREE STANDING COMPANY Introduction: In international business arena, free standing business can be defined as a foreign investing company that has headquartered situated in one country and its businesses are spread to other countries as well…
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