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New round of merger to create Dh415 billion bank

The prospects of a new cycle of bank mergers – the fourth round of consolidation in the UAE's banking history – would be credit positive for the banking sector and serve to further consolidate the over-crowded financial system, analysts said. The commencement of three-way exploratory talks involving Abu Dhabi Commercial…

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Click here to read the full story: Khaleej Times

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