Islamic Finance
Mergers & Acquisitions
Regulation, Risk & Compliance
Uncategorized
Qatari Central Bank approves $50bln bank merger
Qatar Central Bank (QCB) has approved the $50bn merger between Masraf Al Rayan and Al Khaligi Bank. The merged entity will be the second largest Islamic banking entity in Qatar, CNBC Arabia reported. QCB clarified that the former would legally replace the latter in all its rights and obligations towards…
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