Thursday 25 April 2024
 
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Libya bank

QNB buys 49pc stake in Libyan bank

Qatar National Bank (QNB), the country's largest bank, has acquired a 49 percent stake in Libya's Bank of Commerce and Development as part of the Qatari lender's aggressive expansion strategy. The Benghazi-based bank approved

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Ahli United to acquire 40pc Libyan bank

Bahrain's Ahli United Bank will acquire 40 per cent of the Libya's United Bank for Commerce & Investment, according to a statement from the Kuwait bourse on Tuesday. Ahli United Bank received the approval of each of the central

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