From Thepeninsulaqatar.com: The merger between al khaliji bank and International Bank of Qatar (IBQ) is on track and the deal is expected to be concluded this year, IBQ’s Managing Director said.
“The merger is progressing very well and we are working on several tracks, one of which is integration of both operations, the second one being the second phase of due diligence and final phase of due dilligence,” George Nasra told a news conference on the sidelines of the Meed Qatar Projects 2011 which opened here yesterday……………………………………….Full Article: Source