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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Bahraini Islamic lender plans African expansion

Posted on 25 April 2013

Bahrain-based Islamic lender Al Baraka Bank plans to expand its global footprint with a focus on Africa under a five-year plan that includes investments in Libya and Morocco, its chief executive told Reuters.
The lender, which has operations in the Middle East, Asia and Africa, aims to nearly double group assets and income by 2017 and is considering the introduction of an Africa-specific brand to support this effort………………………………………..Full Article: Source

 
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