Banks Interested In The New Futures Exchange

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17 Mar 2021

The National Bank of Egypt, Banque Misr, Banque du Caire, and United Bank are reportedly interested in owning a stake in the new futures exchange. Some of the banks that are clamouring for a stake have expressed their desire to own more than 5% of the exchange. The regulations set the maximum ownership for each institution at 10%. (Source: al-Mal Newspaper)

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