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Cession plan of Zitouna Bank and Zitouna Takaful

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Magazine Issue: 
Reinsurance: struggling to survive [3]
Magazine date: 
Dec 2017

Al Karama Holding has entrusted its cession plan of Zitouna Bank and the insurance company Zitouna Takaful to a consortium led by Finactu consulting firm. The consortium includes BDO, the world's 5th largest audit group, Auxilium Consulting, a Tunisian consulting group providing consulting and chartered accountancy services, and the law firm Adly Bellagha & Associés.

Al Karama group intends to sell 58% of the capital of Zitouna Bank and 88% of the takaful insurer, two institutions created respectively in 2009 and 2011.

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Mon, 15/01/2018 - 08:59

Source URL: https://www.atlas-mag.net/en/article/cession-plan-of-zitouna-bank-and-zitouna-takaful

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[3] https://www.atlas-mag.net/en/issue/reinsurance-struggling-to-survive
[4] http://www.atlas-mag.net/en/category/pays/tunisie