Financial Results
Islamic Finance
Uncategorized
National Bank of Bahrain set to own 78.8% of Bahrain Islamic, both banks to operate independently
Bahrain Islamic Bank will operate as a subsidiary of National Bank of Bahrain after the country’s biggest lender takes over 78.8% majority stake in the Shariah-compliant bank. NBB previously owned 29.06% of BisB and in November put in an offer to buy a minimum of 40.94% more. The bank reported…
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