Egypt's Central Bank Didn't Receive Request from Lebanon's Bank Audi to Sell Egyptian UnitSource: www.export-egypt.com 1/13/2020, Location: Africa |
|
|
|
|
|
The Central Bank of Egypt (CBE) stated it had not received a request from Lebanon’s Bank Audi to sell its Egyptian unit.
Media reports said Bank Audi planned to sell its Egyptian unit as part of a restructuring process to deal with the financial and banking crisis in Lebanon. But Mohamed Bedir, the CEO of Bank Audi Egypt, said in a media statement that the bank has had a plan to open 13 new branches across Egypt in 2020. The operations of Bank Audi's unit in Egypt started in 2006 after acquiring Cairo Far East Bank. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |
