CBL has 0.82 percent of UniCredit at annual meeting

  • Libyan Express + Agencies |
  • Thursday 18 May 2017

The Central Bank of Libya had 0.82 percent of UniCredit capital at the lender’s annual general shareholders meeting in April, minutes of the meeting made public on Thursday showed, Reuters reported.

The Libyan Central Bank previously had a stake of 2.95 percent which was diluted as a result of UniCredit’s bumper capital increase, a source close to the matter said, according to Reuters.

UniCredit’s leading shareholder is Capital Research and Management with a stake of 5.072 percent followed by Abu Dhabi’s sovereign fund Aabar with 5.038 percent., Reuters added.

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