Kuwait's Burgan Bank considers buying a share in Iraqi bank

View previous topic View next topic Go down

Kuwait's Burgan Bank considers buying a share in Iraqi bank

Post by Seaview on Mon Jun 30, 2008 9:15 am

Press sources said yesterday, quoting banking sources that the Burgan Bank Holds Talks with Kuwaiti investors to buy a share in an Iraqi bank. The newspaper added that the Burgan Bank is also considering buying shares in Algeria and Tunisia.

The Burgan Bank said earlier this month that he has obtained the approval of the Central Bank of Kuwait to buy shares in other banks in the region. In May the bank said it agreed to buy foreign assets worth 194 million dinars from the United Gulf Bank of Bahrain under the programme to expand globally, could not be immediately accessible to officials in the Burgan Bank.

http://www.almadapaper.com/paper.php?source=akbar&mlf=interpage&sid=45689

Seaview
Forum Leader

Posts : 129
Join date : 2008-06-24

View user profile

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum