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Al Hilal Bank stalls overseas plans

Fri, 2009-01-09 16:24 — IslamicFinance.de

TradeArabia published a Reuters News on 8 January that Abu Dhabi's government-owned Al Hilal Bank is unlikely to break even this year and may slow overseas expansion due to the global crisis but will grow organically in the UAE. Al Hilal became operational in June last year and expected originally to turn a profit in 2009.

Source: 

http://www.tradearabia.com/news/BANK_154612.html