Islamic Finance
Mergers & Acquisitions
Uncategorized
Oman Arab Bank and Alizz Islamic merger ‘credit positive’, says Moody’s
The proposed merger between Oman Arab Bank and Alizz Islamic Bank – the latest in a wave of planned consolidations between GCC banks – would be credit positive for Oman Arab Bank and form an Islamic banking entity with around $7.6 billion in assets, Moody’s said on Friday. “Successful completion…
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