Al Baraka to launch 100 million euro bank in France by H1 2012
Al Baraka is planning an expansion to France next year and the expactations are to launch a bank with a capital of 100 million euros (142 million US dollars) by the first half (H1) of 2012.
The following managers are taking part at the issue: Standard Chartered Bank, Emirates Bank, Noor Islamic Bank, Deutsche Bank, and ABC Standard.
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