All posts tagged Egypt

Kairo

BNP Paribas to sell Egyptian arm to Dubai-based Emirates NBD

French lender BNP Paribas SA (EPA:BNP) has entered into an agreement to sell its entire 95.2% interest in its Egyptian unit to Dubai-based bank Emirates NBD PJSC (DFM:ENBD), the parties announced today. In addition, Emirates NBD will acquire the rest …

Continue Reading...
SG

France’s banking giant SG sells stake in Egyptian arm to Qatar National Bank

French lender Societe Generale SA (EPA:GLE) said it had agreed to sell a 77.17% stake in its Egyptian subsidiary National Societe Generale Bank SAE (CAI:NSGB) for USD1.97bn (EUR1.5bn)

Powered by WordPress