Mergers & Acquisitions
Retail Banking
Uncategorized
Major mergers and consolidation still elusive for Gulf banking sector
Big-ticket consolidation activity remains elusive for the Gulf banking sector despite this year’s merger of the UAE’s two biggest banks, an industry report from Al Masah Capital said. The persistent weakness in oil prices and rising budget deficits — which resulted in the withdrawal of public money from lenders —…
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Click here to read the full story: Arab News