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Ithmaar says planned sale of Bahrain banking ops to BBK has been abandoned

Plans by Bank of Bahrain and Kuwait, one of the largest commercial banks in the kingdom, to acquire the Bahrain operations of Ithmaar Bank, have been abandoned. The two entities signed a memorandum of understanding in September last year to press ahead with the acquisition, which at the time was…

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Click here to read the full story: Arabian Business

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