Islamic Finance
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Bahrain Islamic Bank, Al Salam eye $4.5 bln merger
Bahrain Islamic Bank and Al Salam Bank are in merger talks to form the Gulf Arab state's largest Islamic lender with assets of 1.7 billion dinars ($4.5 billion), according to a statement on the Bahraini bourse website. "The two boards of directors … stated that consolidation is the way forward…
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Click here to read the full story: Reuters