| 28.07.2010 - First-ever merger of Islamic banks in Pakistan |
| 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 |