Manama: GFH Financial Group hopes to largely complete the acquisition of Bahrain's Bank Al Khair in the first quarter of next year and is at an advanced stage of exploring a merger with another Bahraini bank, its chief executive said on Tuesday.
"The recent merger we announced was Bank Al Khair - we hope during the first quarter of 2017 to finish most of our acquisition," Hisham al-Rayes told Reuters on the sidelines of a financial conference .