Exclusive: Barwa Bank and International Bank of Qatar in advanced merger talks - sources | Reuters:
"Qatari lenders Barwa Bank IPO-BABK.QA and International Bank of Qatar are in advanced talks to merge after discussions for a three-way merger with another bank collapsed last week, sources told Reuters on Wednesday.
The proposed merger between the two banks could be announced as early as next week, one of the three sources close to the deal said.
The value of the transaction was not immediately available. The two banks had total assets of 81.7 billion riyals ($22.45 billion) at the end of last year, according to their financial reports.
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