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EFG Holding completes EGP 4.2bn capital increase at Bank NXT

EFG Holding announced on Monday the completion of a capital increase at Bank NXT, totalling EGP 4.2bn, with full participation from all shareholders. EFG Holding contributed EGP 2.143bn to the increase, maintaining its majority ownership with a 51% stake in the bank. This strategic capital injection underscores EFG Holding’s continued…

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Click here to read the full story: Daily News Egypt

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