Monday 25 November 2024
 
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Capital Management

KFH-Bahrain closes 3-way Islamic bank merger

Kuwait Finance House-Bahrain (KFH-Bahrain) has announced the closing of the first ever merger between three Bahrain-based Islamic banks, Elaf Bank, Capital Management House and Capivest. The merger created a strengthened financial

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Bahrain’s top banks to vote on 3-way merger

Bahrain-based Islamic banks Capivest, Elaf Bank and Capital Management House will vote on a proposed three-way merger in shareholder meetings to be held by the end of June. The transaction is the first three-way merger to take pl

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