Mergers & Acquisitions
Retail Banking
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Sharjah could be considering a three-way banking merger
The Sharjah government is weighing a merger between three of the emirate’s banks that could create a lender with about Dh66.2 billion ($18.0 billion) of assets, sources aware of the matter told Reuters. Invest Bank and United Arab Bank could be merged with Bank of Sharjah, majority-owned by the Sharjah…
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Click here to read the full story: Gulf News