Banque Misr sells 2% stake in Samba Financial: report

31/10/2018 Argaam

 

Banque Misr has sold its 2 percent stake in Saudi Arabia's Samba Financial Group for about $370 million, Reuters reported citing Akef El-Maghraby, the bank’s vice chairman.

 

Egypt's second largest bank will not be selling its stake in Cairo-Amman Bank, he said on Wednesday.

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