<\/p>\n
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 expansion strategy.<\/p>\n
In a press statement issued by FDH Bank plc, Company Secretary Juliano Kanyongolo states that the remaining 1.13% stake in EMZ is held by Fundo Para O Fomento De Habita\u00e7\u00e3o (FFH), a Mozambican housing development fund.<\/p>\n
“The transaction, which has received all necessary regulatory…<\/p>\n<\/div>\n
Read more on AllAfrica.com<\/a> 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 expansion strategy. In a press statement issued by FDH Bank plc, Company Secretary Juliano Kanyongolo states that the remaining 1.13% stake in EMZ is held […]<\/p>\n","protected":false},"author":11,"featured_media":204101,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[654],"tags":[9984,258,256,7089,14044,14221,39949,4704,682,257,30061,254,9744],"class_list":["post-204100","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mozambique","tag-acquires","tag-africa","tag-africa-news","tag-bank","tag-controlling","tag-ecobank","tag-fdh","tag-mozambique","tag-mozambique-news","tag-news","tag-plc","tag-south-africa-today","tag-stake"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/204100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=204100"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/204100\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/204101"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=204100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=204100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=204100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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South Africa Today Africa \u2013 Southern Africa Mozambique<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"