Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Bahrain pushes Islamic bank mergers to boost capital
Bahrain’s central bank has urged five Islamic banks to merge early next year as it seeks to strengthen the banks’ capital bases, a senior official said on Sunday. Under the plan, al-Salam Bank would merge with Bahrain Islamic Bank, while CAPIVEST, Elaf Bank and Capital Management House would merge with…
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Click here to read the full story: Al Arabiya