25.03.2009 - Ahli Bank says no buys for now
From Tradearabia.com: Ahli United Bank, Bahrain's largest bank by market value, said on Tuesday that it was eyeing acquisitions outside the Gulf but would hold off from doing any deals until markets settle. 'To be realistic in the current environment, we have to wait until the dust settles down on the banking scene. Until we better understand the economic valuations of our targets,' Ahli's chief executive Adel al-Labban told reporters at a banking conference.....Full Article: Source
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