Mergers & Acquisitions
Retail Banking
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Al Ahli Bank of Kuwait seeks acquisitions as Gulf lenders merge
Al Ahli Bank, which bought Piraeus Bank Egypt in 2015, is seeking to increase income from non-domestic operations to about 33 percent in three-to-four years from about 20 percent currently, Accad said. He added that he hoped to achieve that goal “faster.” Al Ahli Bank of Kuwait is on the…
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