Mergers & Acquisitions
Retail Banking
Uncategorized
Barclays offloads UAE retail division
Abu Dhabi Islamic Bank (ADIB) today announced that it had signed an agreement to acquire the retail banking business of Barclays Bank in the United Arab Emirates (UAE). The acquisition is subject to UAE Central Bank approval. Tirad Al Mahmoud, Chief Executive Officer of ADIB, said: "ADIB is one of…
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