Commercial International Bank (Egypt) S.A.E (CASE:COMI) acquired remaining 49% stake in Mayfair CIB Bank Limited for $40 million on January 27, 2023. Central Bank of Egypt and the Central Bank of Kenya have approved the deal. James Kamau, David Lekerai of DLA Piper acted as legal advisor to 31 minority shareholders of Mayfair CIB Bank Limited.

Commercial International Bank (Egypt) S.A.E (CASE:COMI) completed the acquisition of remaining 49% stake in Mayfair CIB Bank Limited for $40 million on January 27, 2023.