Tagged: Banking Business Review

2013-08-02

Dubai Financial disposes of 30.5% stake in Bank Islam to BIMB for $550m

Dubai Financial Group (DFG) has agreed to divest of its 30.5% stake in Bank Islam to BIMB Holdings in Malaysia, in a deal worth $550m. BIMB Holdings currently owns 49% stake of Bank Islam and the recent acquisition, which completed on 31 July 2013, wil…

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Tagged: Banking Business Review

Dubai Financial disposes of 30.5% stake in Bank Islam to BIMB for $550m

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