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Islamic Finance Briefing - Categorized | Banking, Finance more

Alkhaliji says exposure to Saudi groups ‘limited’

Posted on 10 August 2009

From Gulf-times.com: Alkhaliji yesterday said it had “limited” exposure to the financially-troubled Saad and Algosaibi groups and had made provisions to meet it.
The Qatari bank, which acquired Paris-based BLC Bank, is expected to complete the re-branding of the French-Lebanese bank by the third quarter of this year, even as it ruled out immediate expansion into other European market although BLC has Europe-wide banking licence……….Full Article: Source

 
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