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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Bahrain’s Baraka to buy Indonesian bank in 2011

Posted on 04 May 2011

Bahraini Islamic lender Al Baraka plans to buy an Indonesian bank this year for around $100m and has identified up to four possible options, its chief executive said on Tuesday.

“We sent in early February a delegation…to follow up on our expansion plans in Indonesia. I think the Indonesian market is a good market,” Adnan Yousif said……………………………………….Full Article: Source

 
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