UPDATE 1-Egypt’s Commercial International Bank buys 51% of Kenya’s Mayfair
Egypt’s Commercial
International Bank (CIB) has acquired a 51% stake in
Kenya’s Mayfair Bank, the Kenyan central bank said on Friday,
the latest in a string of deals in the East African nation’s
banking sector.
International Bank (CIB) has acquired a 51% stake in
Kenya’s Mayfair Bank, the Kenyan central bank said on Friday,
the latest in a string of deals in the East African nation’s
banking sector.
Posted by Reuters
