From Gulfnews.com: Bahrain-based lenders Al Salam Bank and Bahrain Saudi Bank said on Monday that their planned merger, which would create a bank with combined market value of $400 million (Dh1.569 million), is on track.

Al Salam and Bahrain Saudi Bank said yesterday in a joint statement posted on the Bahrain stock exchange that the due diligence and evaluation is expected to be completed in the coming weeks…..Full Article: Source