Islamic Finance
Mergers & Acquisitions
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DIB to raise its stake in Indonesian lender to 40%
Dubai Islamic Bank PJSC (DIB) on Saturday said it has received formal approval from the Financial Services Authority, Indonesia (OJK) to hike its stake in PT Bank Panin Syariah Tbk (Bank Panin Syariah) to 40 per cent. DIB had acquired around 25 per cent shares of Bank Panin Syariah, a…
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Click here to read the full story: Gulf News