(Reuters) - A public auction for 80 percent of state-owned Banque du Caire will take place in six to nine months, and another 15 percent will be floated on the stock exchange no more than a year later, a senior bank official said on Thursday.
Egypt announced on Monday it would privatise Banque du Caire, the country's third-largest state bank, and was looking for a strategic investor with adequate banking experience, manpower and technological capability to complete a restructure.
Read more at Reuters Africa
Egypt announced on Monday it would privatise Banque du Caire, the country's third-largest state bank, and was looking for a strategic investor with adequate banking experience, manpower and technological capability to complete a restructure.
Read more at Reuters Africa
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