Mergers & Acquisitions
Regulation, Risk & Compliance
Retail Banking
Uncategorized
Bahrain's Al Salam Bank agrees to acquire Ithmaar's retail banking business
Bahrain’s Al Salam Bank has agreed to acquire the consumer banking portfolio of investment firm Ithmaar Holding, according to a bourse filing on Friday. The “financial assets acquisition deal” includes the holding firm’s retail banking business, Ithmaar Bank, its stake in Bank of Bahrain and Kuwait, and Solidarity Holding, one…
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