Bahrain’s Al Salam Bank said on Wednesday it was in merger talks with an unnamed regional bank, almost a year after a tie-up with Bahrain Islamic Bank collapsed.
“We confirm the accuracy of the media reports that were published related to a potential merger of the bank with one of the banks in the region and the strategy for that,” Al Salam said in a statement to the Bahrain stock exchange………………………………………..Full Article: Source