Central Bank receives bids for four rescued banks
The Central Bank
has received bids for four of the lenders rescued in a $4 billion
bailout last year, Central Bank Governor Lamido Sanusi told CNBC Africa
television on Monday.
Mr Sanusi said two
foreign institutions were involved in the bidding process, as well as
several local banks and private equity firms in partnership with
foreign banks.
“The advisers have
finished analysing bids already received for four of the banks. We
expect the bids for the others to have been completed by the end of
this month,” Mr Sanusi said.
The Central Bank has been seeking investors to recapitalise its rescued banks.
Leave a Reply