Islamic Finance
Mergers & Acquisitions
Uncategorized
Bahrain bank merger a litmus test for Gulf
The planned merger of two Bahraini banks, intended to create the largest Islamic lender in the Gulf Arab kingdom, could pave the way for more consolidation in a regional industry frozen in its tracks by unrealistic valuations and ownership limits. The proposed tie-up between Bahrain Islamic Bank and smaller rival…
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Click here to read the full story: Globe and Mail