Home MoneyBanks National Bank of Egypt raises its stake in CIB bank to 9.13%

National Bank of Egypt raises its stake in CIB bank to 9.13%

by Amwal Al Ghad English
National Bank of Egypt (NBE)

Egypt’s biggest state lender, the National Bank of Egypt (NBE) raised its stake in the country’s largest public lender Commercial International Bank (CIB-Egypt) from 8.27 percent to 9.17 percent at the end of September 2021.

This is according to the CIB’s bourse disclosure released on Monday.

 

 

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