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From Tribune.com.pk: Emirates Global Islamic Bank (EGIBL) and Al Baraka Islamic Bank will soon merge into one single bank. This was announced by the Chief Executive Officer of EGIBL, Syed Tariq Husain, at a press briefing here on Tuesday.
“An extraordinary general meeting of shareholders held on Tuesday, approved the scheme of amalgamation,” declared Husain……………………………………….Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Market Moves more
First-ever merger of Islamic banks in Pakistan
| Posted on 28 July 2010 |
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