FDH Bank Plc has announced a definitive agreement to acquire a controlling 98.87% stake in Ecobank Mozambique SA (EMZ) from Ecobank Transnational Incorporated (ETI), marking a major milestone in its ...

Ecobank exits Mozambique, selling its stake to FDH Bank Plc as part of a strategic Pan-African realignment plan.

Portugal's fourth-largest lender Novo Banco expects its acquisition by France's BPCE to give it "massive firepower" to grow ...

Novo Banco chief executive Mark Bourke said he’d like to continue in the role after the Portuguese lender’s acquisition by French banking group BPCE is completed next year. Asked if he’d ...

Portugal's fourth-largest lender Novo Banco expects its acquisition by France's BPCE to give it "massive firepower" to grow in the Portuguese market and boost its financial strength, its CEO told ...

Investing.com -- The shareholders of Novo Banco SA, a Portuguese bank, have approved measures that could lead to an initial public offering (IPO) of the bank valued at €1 billion, Bloomberg reports.

LISBON (Reuters) -Novo Banco, Portugal’s fourth-largest lender, reported a record net profit of 744.6 million euros ($804 million) on Thursday, ahead of a planned initial public offering, and ...

LISBON (Reuters) -Novo Banco, Portugal's fourth-largest lender, reported a record net profit of 744.6 million euros ($804 million) on Thursday, ahead of a planned initial public offering, and said it ...

Lone Star has told Novo Banco SA to begin the initial public offering of shares in the Portuguese lender, which may be the country’s first major stock market listing in four years.

LISBON, Feb 5 (Reuters) - Novo Banco's planned initial public offering would be beneficial for the Portuguese banking sector, Bank of Portugal Governor Mario Centeno said on Wednesday, but he ...