Merged Bahraini Islamic lenders rebranded as Ibdar Bank | The National:
"Three Bahrain-based Islamic banks which merged in January have been re-branded as Ibdar Bank.
Elaf Bank, Capivest and Capital Management House said that the new bank had US$300 million of paid-up capital, $329m in equity, and an asset base of $360m on its balance sheet.
After nearly a year of negotiations with the Bahraini authorities as well as a period of consolidation and integration, the bank said that it planned to engage in the private equity, capital markets and real estate sectors and expand in the GCC, North Africa and South East Asia."
'via Blog this'
No comments:
Post a Comment