Egypt Export Marketplace for products & services  •   Log in | Sign up  

Export Egypt Home
made in Egypt Egypt products
  Home  |  Products  |  Business Center  |  News   |  Events   |  My Account Follow us on Facebook
Products and vendors Services and providers Oil & Gas Software and publications

Egypt Plans to Sell Banque Du Caire Stake Next Year: CBE Governor
Source: 4/15/2019

Egypt plans to sell a stake in Banque du Caire, one of the country’s biggest state-owned lenders, toward the end of this year, the Central Bank of Egypt (CBE) Governor Tarek Amer said.

“The size is around 20 percent; might go up to 30 percent,” Amer said in an interview with Bloomberg on Monday in Washington, where he attended the International Monetary Fund and World Bank annual meetings.

The sale would be through the Egyptian Exchange, he added. “It’s not about money,” Amer said. “We have a plan to support the stock exchange with new issues. There is a lot of demand.” He didn’t give a value of the expected sale.

Related Categories: Accounting, Statistics  Economics/Financial Analysis  General  Insurance 

Export Egypt - Subscription Packages - Benefits

Copyright © Universal Solutions S.A.E. All rights reserved. Privacy Policy. - Career Opportunities - Feedback - Contact Us