Thu, Jul 2, 2015
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Market Moves more

Bahrain’s Ithmaar delays bank merger plan

Posted on 09 March 2009

From Arabianbusiness.com: Bahrain-based Islamic lender Ithmaar has put the planned merger of its unit Shamil Bank with partly owned retail bank BBK on hold due to market uncertainty.

Ithmaar said in a statement its board had “reviewed its 2009 strategy in light of the ongoing financial uncertainty” and would put the planned merger on hold, without providing further details….. Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
July 2015
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031