Al Salam Bank has acquired Kuwait Finance House Bahrain marking its 5th merger and acquisition transaction. This acquisition significantly boosts Al Salam Bank’s assets and market share. Both parties collaborated closely for a smooth integration process, ensuring uninterrupted services for customers.
Al Salam Bank plans to leverage this acquisition for strategic growth and enhanced customer offerings, emphasizing digital capabilities and tailored products. Advisors for the acquisition were KPMG Fakhro and legal counsel was provided by Trowers and Hamlins.
It’s A Win-Win!
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