#UAE- Al Hilal Bank sells Al Hilal Takaful to Siraj Holdings
Al Hilal Bank has completed the sale of Al Hilal Takaful to Siraj Holding. The divestment was driven by Al Hilal Bank's strategic decision to focus on delivering high-quality retail banking services, primarily through digital channels. Al Hilal Bank was acquired by ADCB in May 2019, following the merger between ADCB and Union National Bank (UNB). Full integration of the three banks was completed in early April 2020.
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