ABC acquires stake in Libyan bankBahrain-based Arab Banking Corporation (ABC) said it has entered into an agreement to acquire a 49 per cent stake in top Libyan bank, Mediterranean for 74 million Libyan Dinars ($60 million). The acquisition, subject to final regulato More… |
Ahli United acquires 40pc of Libyan bankBahrain's Ahli United Bank (AUB) said it has acquired a 40 per cent stake in Libya's United Bank for Commerce & Investment (UBCI) through a capital hike. The Bahraini lender has invested $53.8 million in the acquisition, AUB sa More… |