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ATA - Gjipe beach, hidden gem of Albanian Riviera, ready to welcome tourists this summer
TIRANA,May24/ATA/–The Gjipe beach, regarded as a hidden gem in Albania, is absolutely one of the best beaches along the Albanian...
NNA - Covid-19: 17 nouvelles personnes testées positives
ANI–Le ministère de la Santé publique a annoncé ce dimanche dans son rapport quotidien 17 nouveaux cas confirmés de coronavirus,...
ATA - Discover Gjirokastra, city of tradition, history and culinary / Golemi to ATA: Free entry to museums for all visitors
TIRANA,May 23/ATA/-By A.Fortuzi/–Gjirokastra, a charming, ancient town perched high above the Drina Valley in southern Albania, is ready to welcome...
NNA - وزارة الصحة: 17 إصابة جديدة
وطنية - سجلت وزارة الصحة العامة 17 حالة كورونا جديدة، رفعت العدد التراكمي الى 1114 اصابة.

(مراجعة الصورة البيانية)
ATA - Renowned academician: Albania impressive results and positive example in management of pandemic
TIRANA, May 23 /ATA/ “Albania is one of positive examples in management of epidemic,” as. Prof. Arjan Durrës said.
The academician,...
NNA - مستشفى الحريري: لا حالات حرجة وإخراج حالة إلى العزل المنزلي
وطنية - أعلن مستشفى رفيق الحريري الجامعي، في تقريره اليومي عن آخر المستجدات حول فيروس كورونا Covid- 19، أن عدد الفحوصات التي أجريت داخل مختبرات المستشفى خلال ال24 ساعة المنصرمة،...
ATA - COVID-19/ Ministry of Health: 9 new cases in Tirana, Durrës and Shkodër, number of those infected goes up to 998
TIRANA, May 24 /ATA/ The Ministry of Health and Social Protection has informed that in the last 24 hours 9...
Lusa - Business News - Portugal: Caixa Bank sells Mercantile to Capitec Bank for €215 M




Lisbon,Nov.7,2019 (Lusa)-Caixa Geral de Depósitos Bank (CGD) on Thursday formalised the sale of 100% of the share capital of Mercantile Bank Holdings Limited (Mercantile) to Capitec Bank Limited (Capitec) for around 215 million euros, according to a statement issued by CGD.
The signing ceremony took place in Johannesburg, South Africa, at Mercantile's headquarters, in the presence of Francisco Cary, executive director of CGD, and André du Plessis, CFO of Capitec.
Mercantile's sales process began in 2017 and is part of "the Strategic Plan approved as part of CGD's recapitalisation process".
In addition to rationalising international business, CGD also aims to reduce its cost structure and the volume of non-performing assets on its balance sheet, in order to improve its profitability.
According to Caixa, a cooperation agreement was also signed today between CGD, Mercantile and Capitec "which embodies the parties' interest in continuing to cooperate commercially in the future".
"Capitec is one of the largest and most dynamic credit institutions in South Africa," said Caixa.
SB/AYLS // AYLS
Lusa

Agency : LUSA

Date : 2019-11-08 08:29:00







 

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