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US institution offers to acquire The United Bank: Amer

Cairo: The Central Bank of Egypt Governor, Tarek Amer, revealed that there is an offer from US institution to acquire The United Bank.
Amer told Amwal Al Ghad that the US institution has a great experience in the banking sector especially related to funding small and medium enterprises.
He added that the institution is currently carrying out the due diligence examination, which is the process of evaluating a business from all aspects before making a purchase decision. Source: Amwal Al Ghad

Time Added: 2019-02-19 08:44:48
Source: arabfinance
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