Dubai’s biggest bank said on Thursday that it had “no critical information” over reports that it is to bid for the Egyptian assets of UK banking major Barclays.
Emirates NBD said in a statement to Dubai Financial Market that it “constantly explores business expansion opportunities locally and internationally”.
But it added that it had nothing new to disclose “at this stage”.
In March, Abu Dhabi’s FGB denied any interest in bidding for Barclays assets in Egypt following reports that it had met with advisers to discuss a potential bid.
Earlier in March, Barclays said it would sell its operations in Egypt as part of an overall withdrawal from Africa.
Morocco’s largest lender by assets, Attijariwafa Bank, has said it is interested in bidding for the British bank’s Egyptian assets.
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