UNITED ARAB EMIRATES AFRICA

Islamic bank IIB recycles top Banco Espirito Santo execs in Africa

Having become the leading private lender in Cape Verde, the Bahraini bank IIB owes its prominence in large part to a small handful of financiers with ties to the defunct Portuguese bank Banco Espirito Santo. [...] (677 words)
Issue dated 17/08/2020 Reading time 3 minutes
João Poppe and César Ferreira (first and second from left) at the signing of a MoU between Cape Verde and IIB in 2019.
João Poppe and César Ferreira (first and second from left) at the signing of a MoU between Cape Verde and IIB in 2019. © IIB
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