Bahrain
Kuwait
Oman
Middle East
GDN Online App available on
App Store / Play Store
Gulf Daily News Gulf Daily News
Gulf Daily News Gulf Daily News Gulf Daily News Gulf Daily News Gulf Daily News
Friday, November 16, 2018 ARCHIVES  |  SEARCH  |  POST ADS  |  ADVERTISE  |  SUBSCRIBE   |  LOGIN   |  CONTACT US

AUB in push for merger with KFH

Bahrain Business
Thu, 30 Aug 2018
Avinash Saxena


MANAMA: Bahrain’s largest lender Ahli United Bank (AUB) has announced that two investment banks are evaluating a fair share exchange ratio for a potential merger with Kuwait Finance House (KFH), Kuwait’s biggest Islamic lender. A bourse filing by AUB said that HSBC and Credit Suisse are currently undertaking necessary valuations studies to assist AUB and to arrive at a fair share exchange ratio.

You Might Like