BMI Bank , the Bahrain based associate of Bank Muscat , has announced that they have agreed in principle in favour of a merger with Al Salam Bank, an Islamic Bank incorporated in Bahrain. The completion of the transaction, including final share-swap ra…
Bahrain’s Al Salam Bank confirmed media reports related to a potential merger with an unnamed regional bank. One potential merger prospect is Khaleeji Commercial Bank , after Gulf Finance House, which owns 47 percent of the lender, said last week it wa…
Al Salam Bank Bahrain acquired an equity stake in two new Boeing planes which are being leased long-term to Emirates Airlines. Thus, investors have the opportunity to benefit from a regular income stream with a yield of 9% p.a. secured by a top tier ai…
“Best Bank in Sudan Award for 2010” was given by Global Finance Magazine to Al-Salam Sudan Bank Sudan. Through this award there are recognized the bank’s continuous achievements, for the distinguished services it offers to its customers and for its ca…
The planned merger of two Bahraini banks, besides having the aim to create the largest Islamic lender in the Gulf Arab kingdom, has the possibility to break the ice for more consolidation in a regional industry frozen in its tracks by unrealistic valua…
Bahrain Islamic Bank (BISB) and Al Salam Bank have appointed KPMG Fakhro for their planned mega merger.
The proposed merger between the two is considered a litmus test for the Gulf region after the last attempted merger, between two Qatari banks, faile…
Bahrain Islamic Bank wants to merger with Alsalam Bank. The main reason is to become the largest Shari’ah-compliant bank in the Kingdom.
Bahrain Islamic Bank and Al Salam Bank are thinking about teaming up to create the Gulf Arab state’s largest Islamic lender. The both are known to be in merger talks to create the third largest bank in Bahrain, with assets of BHD 1.7 billion ($4.5 bi…
Al Salam Bank – Bahrain a leading Islamic financial institution, has recently provided £38 million in a unique Shari’a compliant mezzanine facility to refinance a landmark commercial Property located in the heart of Canary Wharf, the financial distric…
MARKETWATCH Top News
English
Arabic
Chinese (Simplified)
Dutch
French
German
Italian
Portuguese
Russian
Spanish