Grupo Cibest Stock News

BOGOTA, Colombia--(BUSINESS WIRE)--Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or the “Company”) today announced an agreement to sell income-producing facilities located within Parque Logístico Calle 80 (“Calle 80”) in Bogotá, Colombia, to Bancolombia S.A. (“Bancolombia”), a major regional financial institution and a subsidiary of Grupo Cibest...

African banks including Egypt's Commercial International Bank (CIB), Nigeria's Access Bank and South Africa's Nedbank are ​seeking to expand in Kenya, but competition from the country's entrenched domestic lenders is limiting their returns.