Egypt mulls IPOs for pub­lic banks

Business monthly (Egypt) - - THE NEWS­ROOM -

The Cen­tral Bank is con­sid­er­ing float­ing shares of two state-owned banks on the bourse, CBE Gov­er­nor Tarek Amer told Reuters Jan. 19. “We are study­ing tak­ing a cou­ple of banks to the stock mar­ket for cap­i­tal in­creases, di­lut­ing around 20 per­cent,” he said, adding that the CBE is

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