Tuesday 29 January 2019

Abu Dhabi Commercial Bank, UNB, Al Hilal Bank Agree to $114 Billion Merger - Bloomberg

Abu Dhabi Commercial Bank, UNB, Al Hilal Bank Agree to $114 Billion Merger - Bloomberg:

Abu Dhabi Commercial Bank, Union National Bank and privately-held Al Hilal Bank have agreed to a merger, Bloomberg News reports. The combination that will create the Gulf’s fifth-biggest lender with about $114 billion in assets.

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