14.10.2010 - Three Islamic banks consider merger with eye on Amlak
From Emirates247.com: The option to merge three Islamic banks - Emirates Islamic Bank, Dubai Bank and Noor Islamic Bank - is being considered, with the idea that the merged entity will then bail out Amlak Finance, a source said. “As far as we understand, there is a proposal to merge the three Islamic banks, who will then bail out Amlak,” the source said on condition of anonymity..............................................Full Article: Source
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