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Malaysia mulls creation of mega Islamic bank

Posted on 07 January 2013

Following a slew of mergers and acquisitions (M&As) in the banking sector the past two years, the creation of a mega Islamic bank in Malaysia could be in the offing next, given the vast untapped growth potential in Islamic finance.
Hwang DBS Vickers Research in its latest banking report issued yesterday said that M&A spin-offs in the Islamic banking space were plausible, as the Government wanted to develop Malaysia into an international Islamic finance hub………………………………………..Full Article: Source

 
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