The European Bank for Reconstruction and Development (EBRD) has acquired 2.51 percent of Bank Audi's overall outstanding common shares, for a total of $65 million.
The shares were bought on the Beirut Stock Exchange (BSE).
Bank Audi's shareholders' equity stood at $4.2 billion as at the end of 2017.
"This [investment] marks the EBRD's first-ever investment in Lebanon, and its first equity investment in a banking institution in the southern and eastern Mediterranean (SEMED) r...
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