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Focus UNITED ARAB EMIRATES AFRICA Banks Issue dated 17/08/2020

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)
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
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)
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