January 13, 2020 / 3:00 PM / 8 days ago

Egypt's central bank received no request from Bank Audi to sell Egyptian unit

CAIRO, Jan 13 (Reuters) - Egypt's central bank said in statement on Monday it had not received a request from Lebanon's Bank Audi to sell its Egyptian unit.

Media reports said Bank Audi planned to sell its Egyptian unit as part of a restructuring process to deal with the financial and banking crisis in Lebanon.

Reporting by Ehab Farouk; Writing by Mahmoud Mourad; editing by David Evans

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below