The United Bank of Egypt is looking to exit three companies by January 2019, sources said on Saturday, as the bank looks to restructure its investment portfolio. United Bank is looking to sell its shares in El Amal for Paints company, El Nasr for Castings, and El Nile Development. The divestments are valued at a total of EGP 350 mn. The bank also plans to invest in an e-payment company, the sources said, without providing further details.

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