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Gulf Takeover Binge Has Bahrain Opening Up to More Bank Mergers
Bahrain, once a Gulf finance hub, favors further consolidation among its banks, according to a top official and the head of a leading lender. The takeover of Bahrain-based Ahli United Bank BSC by Kuwait Finance House KSCP “is a good example,” said Jean-Christophe Durand, chief executive officer of National Bank…
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Click here to read the full story: Bloomberg