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Al Salam Bank

Al-Salam Bank Bahrain in early merger talks with Bahrain Saudi Bank

Mon, 2009-02-23 13:41 — IslamicFinance.de

The two institutions are in the early stages exploring the possibility of a business combination through a share exchange with ASBB issuing shares to BSB shareholders. The combination is subject to approvals by the Boards and shareholders of both the institutions and regulators in Bahrain and Dubai it was revealed.

Source: 

http://www.cpifinancial.net/v2/News.aspx?v=1&aid=1836&sec=Islamic+Finance

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