Al Salam Bank's Ithmaar unit acquisition valued at $2.2bln
Al Salam Bank recently announced that it has completed the acquisition of select assets from Ithmaar Holding in Bahrain, including the consumer banking business of its wholly-owned subsidiary, Ithmaar Bank, in a transaction worth $2.2 billion. The full transition of Ithmaar Bank’s consumer banking services to Al Salam Bank is…
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