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ADIB dismisses Al-Hilal merger talk as rumour

Abu Dhabi Islamic Bank, which bought Barclays PLC’s retail business in the UAE, dismissed reports that it may merge with Al-Hilal Bank as consolidation takes hold in the emirate’s financial-services industry. “For the time being we’re going to stick to our core markets and strengthen our presence,” Tirad Mahmoud said…

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Click here to read the full story: Gulf News

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