Friday, 22 December 2017

Portugal approves sale of Mercantile Bank in SA

by MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – THE Portuguese government has approved the sale of Mercantile Bank Limited by Caixa Geral de DepĆ³sitos (CGD), a state-owned banking and financial services group. Mercantile is 100-percent owned by CGD, which announced in March 2017 that it intends to sell the South African bank as part of a […]

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