Ahli United Bank Explores Merger And Divestment Options


News: Bahrain's Ahli United Bank is reported to be seeking options to sell or merge its operations with a competitor bank in the country. The deal, which would be worth approximately USD5bn, will form part of the bank's strategy to streamline its operations. The lender is reportedly seeking a suitable bank for the deal. If the deal is finalised, it would be the largest deal in the region's banking sector in the past 20 years.

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Geography: Bahrain