(Reuters) - South Sudan has spent $9.5 million to bail out the autonomous region's biggest bank, privately owned Nile Commercial Bank Plc, after an ambitious expansion forced a restructuring.
NCB has received around 15 million Sudanese pounds from the south's central bank and 4 million from the government to save it, said NCB Operations Manager Samson Arap Ephraim.
Read more at Reuters Africa
NCB has received around 15 million Sudanese pounds from the south's central bank and 4 million from the government to save it, said NCB Operations Manager Samson Arap Ephraim.
Read more at Reuters Africa
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