Wednesday, June 20, 2007

Kuwaiti, Greek banks to examine Egypt's Al Watany

(Reuters) - Al Watany Bank of Egypt said on Wednesday the central bank had agreed to allow three banks, including two from Kuwait, to conduct due-diligence studies that could lead to potential offers for the bank.

A Watany Bank spokeswoman told Reuters the three banks were the National Bank of Kuwait, the Commercial Bank of Kuwait and Greek lender EFG Eurobank.


Read more at Reuters Africa

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