IFA sets NBK Egypt’s FV at EGP 20.03/share
Updated 12/9/2021 9:40:49 AM
ArabFinance: The Financial Regulatory Authority (FRA) has approved the publication of the evaluation of National Bank of Kuwait Egypt’s (NBK Egypt) (NBKE) stock that was determined by the bank’s independent financial advisor (IFA) Prime Capital, according to a statement filed to the Egyptian Exchange (EGX).
Prime Capital has set the fair value (FV) of NBK Egypt’s stock at EGP 20.03.
NBK Egypt, formerly Al Watany Bank of Egypt SAE, is an Egypt-based public shareholding company engaged in the provision of corporate, retail, and investment banking services.
The bank’s financial services and products include trade finance, and commercial and residential mortgages, among others.
