Coronavirus
Islamic Finance
Mergers & Acquisitions
Uncategorized
Bahrain's Al Baraka Bank looks for acquisitions as coronavirus pandemic hits valuations
Al Baraka Banking Group, a Bahrain-based Sharia-compliant lender, plans to expand its footprint in Asia including India, China and Indonesia and is eyeing bank acquisitions as the coronavirus pandemic pushes valuations down, its chief executive said. “We always acquire institutions outside [our home market]. This is what we did in…
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Click here to read the full story: The National