12.12.2011 - Bahrain urges five Islamic banks to merge next year |
Bahrain's central bank has urged five Islamic banks to merge early next year as it seeks to strengthen the banks' capital bases, a senior official said on Sunday. Under the plan, Al Salam Bank would merge with Bahrain Islamic Bank, while CAPIVEST, Elaf Bank and Capital Management House would merge with each other...............................................Full Article: Source |