VOL. XXXVIII
NO. 46
14-AUGUST-1995
Financial and Banking News
Regional Banking
Four Big Egyptian Banks To Remain In State Hands
The Egyptian Minister for the Economy and Overseas Trade, Mr. Mahmud MuhammadMahmud, has said that a disposal of shares in the four state-owned commercialbanks is not imminent. In an interview with the Cairo daily al-Ahram on 8August, Mr. Mahmud said that the banking sector was one of the main pillars ofthe Egyptian national economy and that the aggregate balance sheet of...
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