Wed, Sep 3, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Market Moves more

DRB-Hicom explores Bank Muamalat-Bank Islam merger, not sale plan

Posted on 16 May 2011

DRB-Hicom Bhd is exploring a potential merger of Bank Muamalat Malaysia Bhd and Bank Islam Malaysia Bhd but there are no plans to sell its shareholding in Bank Muamalat.
The company said on Friday, May 13 it had submitted a letter of expression of interest to BIMB Holdings Bhd (BIMB) to explore a potential merger of the two banks and “has yet to commence any exploratory discussions with BIMB”……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930