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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Ahlibank plans up to 10 Islamic banking branches in first year

Posted on 24 July 2012

Ahlibank is planning to initially launch four branches under its Al Hilal Islamic Banking brand, with the bank planning to open up to ten branches over the following 12 months, according to a senior official.
Abdullah al Jabri, DGM and head of operations at Ahlibank, said that the bank will allocate RO20mn as initial capital for its Al Hilal window and the launch of more branches will depend on business opportunity and requirements………………………………………..Full Article: Source

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