BBK looking for other acquisitions after merger with Shamil Bank was cancelled
Frederik Richter reported on 15 March based on Reuters that Bank of Bahrain and Kuwait (BBK) is looking for opportunities to acquire after the planned merger with rival Shamil Bank was put on hold.
BBK recently created its fully-owned Islamic investment bank Capinnova. BBK has a market capitalization of about $1.04 billion and a market share of 15-20 percent in the Bahraini retail market, according to its own estimates. (Reuters)
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