Financial and Banking News
REGIONAL BANKlNG
Chase Succeeds in Selling Egyptian Stake
Chase Manhattan Bank has succeeded in selling its 49% stake in the Egyptian joint-venture bank Chase National Bank (Egypt) after negotiations stretching over two years. Chase has been anxious to sell its Egyptian stake in line with its policy of divesting itself of minority stakes worldwide, but had difficulties finding a buyer, despite the fact that the joint-venture bank was among the most successful of...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!