MANAMA: National Bank of Bahrain (NBB) is weighing an acquisition of shares in Bahrain Islamic Bank (BisB), both banks said in separate disclosures to Bahrain Bourse (BHB) yesterday.
The conventional lender is “considering making a potential voluntary offer for issued shares in BisB”, it said, without specifying whether NBB would be buying a stake or make a complete acquisition of BisB .
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