Printer Friendly

Banque de l'Habitat de Cote d'Ivoire to be privatised.

Global Banking News-December 24, 2015--Banque de l'Habitat de Cote d'Ivoire to be privatised

(C)2015 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 24 December 2015

(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Banque de l'Habitat de Cote d'Ivoire (BHCI) in the Ivory Coast is to be privatised, according to Reuters.

The struggling BHCI is to be converted into a commercial bank. The state currently holds a 51.6 percent stake in BHCI, which was established as a lender to homebuyers with moderate incomes.

Authorities said that the bank's resources do not allow it to properly fulfil the mission it had been given.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com))

COPYRIGHT 2015 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Geographic Code:6COTE
Date:Dec 24, 2015
Words:128
Previous Article:State Bank of India to raise capital.
Next Article:Qatar International Islamic Bank and Credit Immobilier et Hotelier to launch bank in Morocco.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters