Tagged: Al Salam Bank

Bahrain’s Al Salam Bank says in merger talks

Bahrain’s Al Salam Bank says in merger talks

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…

Bahrain bank merger a litmus test for Gulf

Bahrain bank merger a litmus test for Gulf

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…