Egyptian private bank, Commercial International Bank (CIB) has finalized the acquisition of 51 stakes in the capital of Kenyan Mayfair Bank, following the approval from Kenya’s banking sector regulator, which will take effect on May 1.

For more information, please see https://www.ecofinagency.com/finance/2704-41297-egyptian-commercial-international-bank-completes-acquisition-of-kenyan-mayfair-bank