ID :
52027
Tue, 03/24/2009 - 16:15
Auther :
Shortlink :
https://www.oananews.org//node/52027
The shortlink copeid
Bahrain banks plan to merge
MANAMA, March 24, SPA -- Bahrain-based lenders Al-Salam Bank and
Bahrain Saudi Bank said yesterday that their planned merger, which
would create a bank with combined market value of $400 million, is on
track.
Al-Salam and Bahrain Saudi Bank said yesterday in a joint statement
posted on the Bahrain stock exchange that the due diligence and
evaluation is expected to be completed in the coming weeks.
--SPA
Bahrain Saudi Bank said yesterday that their planned merger, which
would create a bank with combined market value of $400 million, is on
track.
Al-Salam and Bahrain Saudi Bank said yesterday in a joint statement
posted on the Bahrain stock exchange that the due diligence and
evaluation is expected to be completed in the coming weeks.
--SPA
