Islamic Finance
Mergers & Acquisitions
Retail Banking
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Bahrain's Ithmaar Bank gets nod for merger
The announcement, which follows the approval of the shareholders of both banks during separate Extraordinary General Meetings, is subject to final regulatory and legal approvals. Ithmaar Bank Board Member Khalid Abdulla-Janahi, who chaired the Ithmaar Bank EGM, said the merger is in line with the bank’s commitment to concentrating on…
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Click here to read the full story: CPI Financial