Mergers & Acquisitions
Retail Banking
Uncategorized
CBE approves CIB’s acquisition of Citibank retail portfolio
The Central Bank of Egypt approved, on Tuesday, the Commercial International Bank’s acquisition of Citibank Egypt’s private retail banking portfolio. The CIB explained, in a statement sent to the management of the Egyptian Stock Exchange, that it is about to take executive procedures for the merger. The CIB had announced…
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Click here to read the full story: Daily News Egypt