October 31, 2018 / 9:39 AM / 16 days ago

Egypt's Banque Misr sold 2 pct stake in Saudia Arabia's Samba - executive

CAIRO, Oct 31 (Reuters) - Banque Misr has sold its 2 percent stake in Saudi Arabia’s Samba Financial Group for about $370 million, the vice chairman of Egypt’s second largest bank said on Wednesday.

Egypt’s second largest bank would not be selling its stake in Cairo-Amman Bank, Akef ElMaghraby told Reuters.

Reporting by Ehab Farouk Writing by Nadine Awadalla Editing by Edmund Blair

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