EFSA approves CIB stake sale in CI Capital

Cairo – Mubasher: The Commercial International Bank – Egypt (CIB) said Thursday that it has gotten the approval of the Egyptian Financial Supervisory Authority’s (EFSA) to sell a stake in its subsidiary CI Capital Holding to a number of senior Egyptian and Arab investors.

The bank is currently discussing the final form of the deal, according to a bourse filing.

Mubasher Contribution Time: 02-Mar-2017 09:47 (GMT)
Mubasher Last Update Time: 02-Mar-2017 09:49 (GMT)