Bank & Insurance
Canada’s Westbridge plans recapitalisation of New Bank of Mauritania and a roll out in Kigali

Canada’s Westbridge plans recapitalisation of New Bank of Mauritania and a roll out in Kigali

Still in dispute with the Côte d’Ivoire, the Canadian mortgage broker has just set its sights on the Mauritanian bank NBM. Here, the firm shares its somewhat precise recovery plans with Jeune Afrique Business+.

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            ▪ Canada’s Westbridge plans recapitalisation of New Bank of Mauritania and a roll out in Kigali

▪ Still in dispute with the Côte d’Ivoire, the Canadian mortgage broker has just set its sights on the Mauritanian bank NBM. Here, the firm shares its somewhat precise recovery plans with Jeune Afrique Business+.

http://www.jeuneafriquebusinessplus.com/en/804615/canadas-westbridge-plans-recapitalisation-of-new-bank-of-mauritania-and-a-roll-out-in-kigali/

08/06/2020 at 17h38, by Jeune Afrique Business+

“We will not leave Africa,” JD Diabira, Westbridge Mortgage REIT’s CEO, makes clear to Jeune Afrique Business+. The leader has just demonstrated his desire to remain on the continent with the purchase of the New Bank of Mauritania (NBM) from Mauritanian businessman Abdel Baghy Ahmed Bouha (a former BMCI executive) for an unspecified amount.

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