Friday, 4 December 2015

FBN HOLDINGS SELLS FBN MICROFINANCE BANK TO LETSHEGO HOLDINGS

Report at the disposal of the most sought after business consultants, researchers and publishers, Tectono Business Review, has it that FBN Holdings Plc has divested from FBN Microfinance Bank Limited.

This development is contained in an advert by FBN Holdings which said: “This is to notify the general public that FBN Holdings Plc has executed a Share Purchase Agreement with Letshego Holdings Limited for the sale of its interest in FBN Microfinance Bank Limited. The requisite approval of the Central Bank of Nigeria has been obtained for this transaction.”