Islamic Finance
Mergers & Acquisitions
Uncategorized
Ithmaar completes First Leasing merger, increases capital to US$758million
Ithmaar Bank has announced that it had merged with one of its Bahrain-based associates, First Leasing Bank. The announcement follows the final approval of the Central Bank of Bahrain (CBB) and the Bahrain Ministry of Commerce and Industry (MOIC), as well as the completion of the three-month and the sixty-day…
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Source: Ithmaar Bank