sgbl looking to sell bank of gambia
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

SGBL looking to sell Bank of Gambia

Arab Today, arab today

Arab Today, arab today SGBL looking to sell Bank of Gambia

Beirut - Arabstoday
Société Générale de Banques au Liban is eying the sale of Bank of Gambia in a deal that would be worth around $8 million, according to reports. The reports added that Ghana’s government expressed its interest in acquiring the African bank, but so far no agreement has been concluded with SGBL, which had acquired Bank of Gambia through the purchase of Lebanese Commercial Bank. However, SGBL has reportedly said that it has no interest in maintaining the entity in its portfolio and thus has started looking for sale opportunities. From The Daily Star
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