18.10.2010 - Noor Islamic says has no plans to merge with lenders
From Kippreport.com: Noor Islamic Bank has no plans to merge with another financial institution, it said in a statement on Sunday, dismissing speculation it may tie up with troubled Islamic lender Amlak. A newspaper report last week said the UAE government was considering merging privately-held Noor Islamic with Emirates Islamic Bank an affiliate of Emirates NBD and Dubai Bank. The combined entity would then purchase Amlak..............................................Full Article: Source
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