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Central Bank of Iraq approves UGH’s acquisition of Bank of Baghdad

Bahrain’s United Gulf Holding has secured Central Bank of Iraq’s approval to acquire a stake in Bank of Baghdad. In a bourse filing, UGH stated that it has received approval from the Central Bank of Iraq to acquire a 51.8 per cent stake in Bank of Baghdad from Kuwait-based Burgan…

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Click here to read the full story: CPI Financial

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